U.S., Europe Week Ahead

By Barry Ritholtz - June 15th, 2009, 12:30AM

U.S. Week Ahead: Inflation Debate

Summertime, and the living isn’t so easy with worries on inflation, which could slow the economy’s recovery. Bellwethers Best Buy and FedEx also are scheduled to post earnings. Chris Noble reports.

2:06

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Europe’s Week Ahead: Bank of England, Paris Air Show

Minutes from the last Bank of England meeting will show how the U.K.’s central bank is interpreting recent economic data. The bi-annual Paris Air Show and U.K. supermarkets sales data also in focus.

1:49

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Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith

Macro Notes

Largest market cap stock has gone parabolic
Peter Boockvar

Putting aside its incredible product line and pipeline of more, its still attractive valuation relative to earnings, and its $100 per share of cash that may be used for a dividend soon, Apple's stock has gone parabolic. And, parabolic moves always end one way, back to the place where the parabolic move began. Now, AAPL can of course power higher to who knows where in this move but the largest market cap stock in the world has now entered a tenuous phase, strictly technically speaking. But I digress. German investor confidence, the ZEW, in the next 6 months rose back...

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