{"id":10827,"date":"2011-12-28T09:04:56","date_gmt":"2011-12-28T14:04:56","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=10827"},"modified":"2011-12-28T09:31:46","modified_gmt":"2011-12-28T14:31:46","slug":"there-is-optimism-in-the-air","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=10827","title":{"rendered":"There is optimism in the air. Mama mia."},"content":{"rendered":"

From this morning’s Washington Post:<\/p>\n

Stock futures rise on optimism after Italian bond auction results in much lower interest rates
\n<\/strong><\/p>\n

NEW YORK \u2014 Wall Street is set to open higher Wednesday after two successful Italian bond auctions raised hopes that Italy will be able to roll over billions of euros of its debt this year.<\/p>\n

Dow futures rose 0.2 percent at 12,244, while S&P 500 futures moved up 0.3 percent to 1,263.40. The Nasdaq composite rose 0.2 percent to 2,290.75.<\/p>\n

The Bank of Italy said the average yield on its \u20ac9 billion ($11.8 billion) six-month offering was 3.251 percent, half the 6.504 percent rate it had to pay at the equivalent auction last month. In an auction of two-year bills, the yield fell to 4.853 percent from 7.814 percent last month.<\/p>\n

The news pushed up stock prices across Europe. The euro was flat at $1.3069.<\/p>\n

In France, the CAC-40 rose 0.5 percent to 3,119, while Germany\u2019s DAX was up 0.1 percent at 5,893. The FTSE index of leading British shares gained 0.6 percent at 5,546.<\/p>\n

Favorite parent of the year. <\/strong>Riding the New York subway with baby in backpack.<\/span>
\n<\/strong><\/span><\/p>\n

\"\"<\/a><\/p>\n

Favorite news of the year. <\/strong><\/span>A portrait of Kim Jong-il was displayed during the procession through the streets of Pyongyang, North Korea\u00a0 on Wednesday.<\/p>\n

\"\"<\/a><\/p>\n

The administration attributed the heavy snow fall\u00a0 to\u00a0 “heaven’s grief” over Kim Jong-il’s death.<\/p>\n

Kim Jong-il who died of a heart attack on Dec. 17, left behind a country gripped by chronic food shortages but armed with nuclear weapons and a dynastic 27-28 year old successor (his son). No North Korean can live in Pyongyang, the capital, unless your political credentials check out.<\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a>
\n<\/strong><\/div>\n

Harry Newton who is not creative this morning, except for finding some funnies. See you tomorrow.\u00a0 We’ll start to look at what we learned in 2011. Any ideas?<\/p>\n","protected":false},"excerpt":{"rendered":"

From this morning’s Washington Post: Stock futures rise on optimism after Italian bond auction results in much lower interest rates NEW YORK \u2014 Wall Street is set to open higher Wednesday after two successful Italian bond auctions raised hopes that Italy will be able to roll over billions of euros of its debt this year. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10827","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/10827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10827"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/10827\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}