Markets

Oct 29, 2009 at 00:00

I'll coin this term in order to explain the travesty that is being allowed in the banking industry. Institutions are literally paying little old ladies' less than a half a…

Oct 29, 2009 at 00:00

Global stock markets, as well as other risky assets, closed sharply lower over the past few days as concerns mounted over the sustainability of the global economic recovery and the…

Oct 29, 2009 at 00:00

While much attention has been placed on the US dollar's stabilization in the face of dissipating risk appetite, the Japanese yen faces greater upside potential against the majors, including the…

Oct 29, 2009 at 00:00

Commodities and stocks almost look ready for a rally or at least a relief bounce. The market is down over 5% and the normal pullback this year has been 4%.…

Oct 28, 2009 at 00:00

For the fourth straight day, investors dumped higher risk assets for the safety of the U.S. Dollar. Today's weakness reflects a change in sentiment toward lower yielding assets. Many investors…

Oct 28, 2009 at 00:00

Yesterday's reversals in the dollar and some key financial series is a warning on the next phase of credit concerns. In currently excessive conditions even a steady dollar could signal…

Oct 28, 2009 at 00:00

We can contemplate the myriad times excessive debts have destroyed various economies, or we can keep repeating the lie until we convince ourselves that, this time, it will work ...

Oct 28, 2009 at 00:00

If we manage to escape national bankruptcy, we have set up a slavery far more oppressive than any previous form of bondage...

Oct 28, 2009 at 00:00

The benign CPI figures are serving as a rallying point behind which the financial talking-heads are forming a parade of optimism. The low CPI is their 'proof' that inflation is…

Oct 28, 2009 at 00:00

The broadening nature of risk version onslaught (FX, equities and commodities) takes precedence over what could have been risk-positive dynamics (higher than expected Aussie CPI, Norges rate hike and steady…