Friday, July 1, 2011

Thoughts For Wednesday

Crude is back to nearly $96 a barrel.

With a 1 basis point yield, it would take about 6,800 years to double your investment.

I expect the Japanese stock market to outshine most others in the second half of 2011.

Japan's industrial production rose at the fastest pace in more than 50 years, led by carmakers as they restored operations at plants after the nuclear accident and earthquake of mid-March.

Factory output increased 5.7% in May from April (the consensus was for +5.5%) -- that's the largest gain in 58 years.