January 2009 Monthly Archive

Obama Flexes His Muscles

The paralyzed US economy may have some reason to cheer, with President Obama managing to get a massive USD 819 billion stimulus package ratified by the US House. … More…

China - Exports dwindle but trade surplus rises!

Sounds confusing! Common wisdom suggests that as a nation's exports increase it forex inflow should rise and it trade surplus should grow. … More…

Narrowing deficit, Euro zone rates and risk aversion prop the dollar

Bad news, bad news and bad news is all that has being heard about the US economy! Employment has fallen, consumption is down, and exports have been hit. But, the US dollar seems to be ignoring all this and quietly strengthened early this week. … More…

No Respite For Recession but Obama has a plan

There seems to be no respite for the ailing US economy as unemployment rises and housing prices continue their downward march. … More…

"When the going gets tough, the tough gets going."
Joseph Kennedy
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