Markets

Dec 19, 2010 at 09:28

The past week witnessed rather volatile trading in gold bullion as the price declined to the 50-day moving average ($1,369), thereby retracing 62% of its three-week advance from the middle…

Dec 19, 2010 at 09:27

Cincinnati, like every union-plagued city in the country is having huge budget problems over untenable union wages and pension benefits. Big problems call for big actions. I am pleased to…

Dec 18, 2010 at 09:59

Seasonality is likely to dominate the rest of the year. Monday and Tuesday could be weak, but, after that, the pattern is likely to be a modest upward bias on…

Dec 18, 2010 at 08:58

In my last Update, a couple of weeks ago, I suggested that the - September to date rally is exhausted, and you should either be in cash or on your…

Dec 18, 2010 at 08:57

As we head into the final two trading weeks of the year, the U.S. Dollar Index has completed two of the three steps typically associated with a change in trend:…

Dec 18, 2010 at 08:05

In 1986 Citibank was the first bank to begin to write down those Latin American bonds. Then came Brady bonds in 1989. Remember those? Brady bonds were as complicated as…

Dec 18, 2010 at 08:02

Asset allocation specialists, many of whom either worked for Wall Street firms or were effectively in thrall to them, loved an answer that included lots of equities, because the fees…

Dec 17, 2010 at 19:01

I saw nothing in the Q3 Flow of Funds that is counter to my thesis of a very problematic inflation of government finance - with an inevitable crisis of confidence…

Dec 17, 2010 at 16:15

Markets and pundits are celebrating the great tax deal "compromise" between the Obama Administration and the Republicans. A tax deal pitched as a compromise between the two-party duopoly that has…

Dec 17, 2010 at 15:40

None can foretell the future, and yet the shape of what we face can be shrewdly estimated with enough attention to historical trends; with broad contextual understanding; and with sufficient…