The Traderszone Network

Luigi Rosabianca

Sporting a gray turtleneck and a 5 o’clock shadow, Luigi Rosabianca cut a forlorn figure as he entered the courtroom at 111 Centre Street near Chinatown.

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Despite the questions swirling about global economic contagion, retail CEOs are optimistic right now — even if no one else is.

At least one central banker is paying attention
One bank after another is changing its forecast for the March ECB meeting, with everyone piling into predictions of more easing.

Picking bottoms continues…
The GBPUSD has moved to new NA session highs.  There is a ways to go for the day highs and even to get to the close from yesterday (at 1.4203 for the high and 1.4190 for the close), but it is a more bullish step. The GBPUSD fell below the 1.4100 level for the first time since March 2009 today.  The low extended to 1.4077. 

Oil has dropped more than 20 percent in 2016 and that is confusing investors, Goldman’s Gary Cohn says.

The rout in oil prices won’t be reversed by OPEC, frackers, China or even the Fed. Only supply and demand can swing it. But the problem with calculations about their impact on energy prices is that, well, …

Wal-Mart is giving raises to the vast majority of its U.S. employees as part of the world’s largest retailer’s previously announced investment in its workforce. The move comes as it seeks to hold onto …