Markets

Feb 25, 2011 at 07:36

The daily chart of oil is shown below, with oil shooting well above all three Bollinger bands, suggestive that oil will consolidate for at least 7-10 days before trending higher.…

Feb 25, 2011 at 07:02

First and foremost, we want to make it clear that we are not bearish about the long-term prospects of the Chinese economy. After all, the country has amassed the largest…

Feb 24, 2011 at 17:57

Recent action in both equity and currency markets seem to be coagulating around an idea I first proposed last summer. That idea calls for a minor currency crisis, centered around…

Feb 24, 2011 at 16:09

Oil prices ramped up further this morning, and then plunged nearly $7 when Saudi Arabia was said to be "in talks" to boost oil output in order to cover lost…

Feb 24, 2011 at 15:54

Mark Thornton of the Mises Institute writes, "The price of everything seems to have skyrocketed. Only housing, the dollar and inflation-adjusted income are negative." I immediately interrupt to wittily say,…

Feb 24, 2011 at 13:57

Civil revolt is currently spreading across the Arab world. What began in Tunisia has now metastasized into Bahrain, Egypt and Libya. Though two dictators have been ousted, the chances that…

Feb 24, 2011 at 13:55

It's hard to believe that less than three years ago, silver was $8.80 an ounce. Since then it has nearly quadrupled in value (up 385%) and more than doubled in…

Feb 24, 2011 at 09:49

Lost in all the noise about crude oil this week and its effect on the economic recovery (i.e., the equity rally) has been the top in Treasury yields. This article…

Feb 24, 2011 at 09:33

Many of the great declines in the stock market over the past 30 years have been related to oil (United States Oil (USO)). This week we have seen the major…

Feb 24, 2011 at 09:21

The United States government and other nations have increasingly adopted an official economic policy of cheating their own savers, with particular damage inflicted on long-term retirement investors that follow conventional…