Small Cap Strategist is published by Crystal Equity Research an independent research resource on small capitalization stocks. Follow along as we discuss the most recent trends in the small-cap sector, investigate interesting companies and pan a few not-so-promising stocks.
suggest celebrations on the first day of May harken back to Roman fertility
rights that were generally celebrated in the first weeks of Spring.As the centuries rolled by workers took over
the day to demonstrate against oppressive landlords and factory owners.In contemporary times, especially in Europe
where May Day has higher visibility than in North America, celebrations have
become an odd mix of union members dancing around a pole with colorful ribbons
flying in the breeze.
is not much dancing in Europe this year.The Euro area unemployment rate in March 2013
was reportedly 12.0% with the worst unemployment in Greece and Spain.The U.S. had added jobs in March bringing the
U.S. unemployment rate fell to 7.6%.Still that news was really not that comforting for those who cannot find
a full time job or even cobble together a string of part-time gigs that pay the
Federal Reserve is concluding its regular two-day meeting on May 1st.Most who watch the Fed and get interviewed by
the popular financial media suggest the Federal Reserve will keep its
expansionary policy in place even as others fret over how the Fed will finally
go about NOT buying Treasury and mortgage bonds.“Tapering” has become the new buzz word.It does not seem like we really need to worry
much about the end-game for some time, given that the Fed has said it is
targeting 6.5% unemployment before altering its current policy.
likely we will be able to dance around the May Pole once or twice again before
Ben and his gang stop buying bonds. In the meantime, business will continue to see record low short- and long-term interest rates but will lack the confidence in the economy to take on leverage. Job creation will remain tepid.
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