Markets

Jul 31, 2012 at 17:06

In part 1 of this series on utilities published on July 26, 2012, we looked at the utility sector with a broad brush. In this part 2, we will focus…

Jul 31, 2012 at 16:41

Let's pause for a moment and consider what we just read from this major study on global trends produced every five years by the United States Office of the Director…

Jul 31, 2012 at 16:39

It is obvious to me that the world of economics has now fully entered the Twilight Zone. As evidence, last week, European Central Bank Head Mario Draghi pledged to quote,…

Jul 31, 2012 at 14:30

With a Fed statement coming Wednesday, many believe the bulls need a formal announcement of QE3, which may not be the case. The odds are extremely low the Fed does…

Jul 31, 2012 at 14:12

This missive begins with a couple of unusual charts - unusual because they contain no reference points. Here's the first. As you'll note, something occurred that triggered a waterfall slide…

Jul 31, 2012 at 13:53

This chart courtesy Mises.org shows the true U.S. money supply. The trend is exponential and this trend may well put pressure on gold and silver to rise in response. According…

Jul 31, 2012 at 11:00

When the euro was launched, the European Central Bank (ECB) held approximately 15% of its assets in gold. That ratio has remained reasonably stable, giving rise to a variety of…

Jul 31, 2012 at 10:02

If something is broken, it can often be repaired. If your car is in an accident, you take it to the repair shop. If you go to the repair shop…

Jul 31, 2012 at 09:53

Meredith Whitney appeared on "Bloomberg Surveillance" with Tom Keene and Scarlet Fu and said that the banking industry will lose 50,000 more jobs as companies shrink headcount to match revenue.…

Jul 31, 2012 at 09:30

Mr. Bernanke has to know in the face of (among many other things) Washington's political gridlock, lack of political will to change that, and a system that promotes 'advantage to…