Euro Testing 200-day

May22_Euro(click here if chart is not observable)

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How India’s 2014 race was won – Economist

Indians gave a stunning mandate to Narendra Modi, the new prime minister, handing his Bharatiya Janata Party an overall majority in parliament. Our correspondents ask what it means
Economist

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U.S. Sector ETF Performance – May 22

ETF_Day ETF_YTD(click here if charts are not observable)

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Daily Risk Monitor – May 22

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RiskMon1RiskMon2RiskMon3(click here if table is not observable)

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China’s factory rebound – ReutersTV

May 22 – The latest HSBC/Markit flash PMI handily beat forecasts, falling just shy of the break-even 50 mark. But any celebration may be premature, says Reuters’ Jon Gordon.  – Reuters TV

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U.S. Sector ETF Performance – May 21

ETF_DayETF_YTD(click here if charts are not observable)

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Daily Risk Monitor – May 21

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RiskMon1RiskMon2RiskMon3(click here if table is not observable)

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China accepts creative destruction – FT

Can China’s meteoric growth continue? Most expect not, but is that necessarily bad? Henny Sender, FT chief international finance correspondent, explains to John Authers that slowing growth could be positive for China, if not for importers.

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Quote of the Day

The Internet is the most deflationary invention of all time  – Todd Harrison,  Minyanville 

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U.S. Sector ETF Performance – May 20

ETF_DayETF_YTD(click here if charts are not observable)

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