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Let me just run through some timely market developments and when I’m finished I want you to tell me how you perceive the markets; though it’s rather obvious how the consensus is feeling …
Read MoreIt’s starting to remind me of queue of people trying to squeeze past one another, pushing toward the window to buy those last few concert tickets on sale. But in the $’s case, they ain’t pushing up to the window to buy.
Read MoreRichard Berner is an economist from Morgan Stanley–I think he is very good. He made these comments in a research note recently regarding the US dollar [our emphasis]
Read MorePent-up demand and sellers running for cover explains the move by the British pound today. Granted, it was comments from a Bank of England official who sparked the move.
Read MoreStocks, and currencies to a degree, meandered all day yesterday in wait of Intel to report earnings after the bell. The chip boys didn’t disappoint.
Read MoreYesterday, Mexican industrial production slid by 7.3% year-over-year in August, worse than the expected 6.2% decline and the previous drop of 6.5%.
Read MoreEconomics is a wonderfully confusing field of study. The debate on the US dollar proves once again the words economics and science should never be used in the same sentence.
Read MoreA lot of people believe the stock market peaked around October 2007. In the proverbial nominal terms, that is true. But if we consider the two major classes of assets: real stuff (which is real tangible value best depicted by gold)
Read MoreIt almost seems as if we’re witnessing a veteran prize fighter on the decline, not only failing to win fights but taking brutal beatings along the way.
Read MoreLatvia is under severe pressure, to say the least. Take a look at the GDP % change year over year
Read MoreLaziness is a secret ingredient that goes into failure. But it's only kept a secret from the person who fails.Robert Half