Jack Schwager was one of the first investment authors to write a pretty comprehensive guide to trading in various markets, a guide fully dedicated to the so well developed nowadays field of technical analysis. The guide contains a pretty classic structure, also used quite often by the other authors in their books. (Which, in my opinion, represents a sort of a tacit recognition of the fact that Schwager was one of the first authors to formalize its method.)Read More »A Book Review – “Jack Schwager’s Complete Guide To Mastering The Markets”
FMCG means fast moving consumer goods, if you were wondering what this acronym meant. And although it seems a little bit late to mention this, after the worst quarter into the US history, we at doitinvest.com think that the timing is appropriate to do so.Read More »FMCG Sector Entering Into Recession
The service industries from US reported a small victory in January, by slowing at a slower pace than forecasted. The Institute for Supply Management’s index of non- manufacturing businesses, which compose almost 90 percent of the economy, increased to 42.9 from 40.1 in December. Figures below 50 signal a contraction.
This could indicate a turning point in the natural curve of those industries. Read More »Service Industries Slowing Down
Federal Reserve Chairman Ben S. Bernanke warned today in an interview that a fiscal stimulus package will be enough to generate an economic recovery. He also added that the government may need to buy or guarantee banks’ problematic assets to revive growth.
“Fiscal actions are unlikely to promote a lasting recovery unless they are accompanied by strong measures to further stabilize and strengthen the financial system,” Bernanke said in a speech held today at the London School of Economics. “More capital injections and guarantees may become necessary to ensure stability and the normalization of credit markets.”Read More »FED Warning On More Tough Times Ahead