"Is the US dollar toast?"
Here is a great blog post by Mish discussing whether the "dollar is toast". He writes about the four most reasons for the dollar being toast: 1. The Balance of Trade 2. The National Debt 3. The Savings Rate 4....… More…
Place your bets now. Here are the current market predictions on what the Fed will do during this week's meeting and the next. (You can enlarge image by clicking on them) An increase to 5.25% this week is pretty much...… More…
Here is a great blog post by Mish discussing whether the "dollar is toast". He writes about the four most reasons for the dollar being toast: 1. The Balance of Trade 2. The National Debt 3. The Savings Rate 4....… More…
There were definitely some exciting games at the World Cup this weekend. The U.S. team actually earned a point! And Brazil was Brazil. There's only one thing more exciting than watching the World Cup games...it's learning the economic effects of...… More…
On Bloomberg this past Friday, there was an article that talked about the dollar. Whoever wrote the Bloomberg article wrote this: "Traders are pricing in about an 82 percent chance the Fed will boost its key rate a quarter-point to...… More…
The Fed hasn't stopped beating the dead horse repeatedly saying that future interest rate decisions will be dependent on incoming economic data. What this really means is they don't what the heck they will do at the next FOMC meeting...… More…