Markets

Oct 29, 2011 at 17:50

The market is extremely overbought, but a sharp increase in new highs last week confirmed the uptrend and seasonally next week has been strong. I expect the major averages to…

Oct 29, 2011 at 09:45

It would be reasonable - and it sure is tempting - to dedicate this week's CBB to a skeptical look at Europe's latest plan for Credit crisis resolution. I would…

Oct 28, 2011 at 16:24

Last week, I spent the afternoon visiting the Occupy Wall Street demonstrations in lower Manhattan. I brought a film crew and a sign that said "I Am The 1%, Let's…

Oct 28, 2011 at 15:03

In recent years, the most conspicuous feature of the financial landscape has been the growing divergence between U.S. labor and corporate profit trends. While household incomes have languished, corporate earnings…

Oct 28, 2011 at 14:03

One of Spain's largest oil companies, Repsol, is gearing up to spud a deep, offshore well in Cuban waters, just 60 miles from the Florida Keys. A huge rig is…

Oct 28, 2011 at 12:45

The Silk Routes, collectively known as the "Silk Road", refer to a 7000 mile network of interlinking trade routes that were used for three millennia. They connected China, India, Tibet,…

Oct 28, 2011 at 11:29

Once-upon-a-time, a debt default wasn't known as "forgiveness"... The Financial Times took two days to catch on. Monday's edition of the FT was printed too early to catch it; Tuesday's…

Oct 28, 2011 at 11:19

The yellow metal, money for more than three millennia, has a close relationship to other forms of money. Some argue that it isn't gold that has risen in value in…

Oct 28, 2011 at 11:09

Over the past week the market has displayed the classic fourth quarter emotional rally that occurs when professional money managers find themselves sitting on the sidelines with too much cash…

Oct 28, 2011 at 10:24

Each year a small portion of the world's finite oil supply is drained. And over time this annual draw has grown larger in a world that seems to be getting…