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A Better Tone, but Not for BP

^{Published on 2010-06-16 09:50:15 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Wall Street Media presentsan exclusive video of Rich Gordon, the highly regarded Fixed Income Market Strategist of Wells Fargo Securities (NYSE: WFC). He goes over the several signs that indicate why risk markets should continue to trade better over the short term. The most important indicators he points out are the euro/yen cross, firmed stock prices, equity volatility, retracing treasury prices and lastly, investment grade corporate spreads. Rich also states two situations that might be keeping investorsfrom agoing all in.aThe Gulf Oil Spill is one situation and the fact that no one seems to have a definitive answer on how to stop the gushing well. The second situation which he touches on is the on-going regulatory reform.

Please visit the following link to view the video:

[ http://wsmco.com/show.aspx?1668_Today's_Market_Summary ]

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[ http://wsmco.com/show.aspx?1652_New_Feature_on_StockTwits ]

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