Markets

Oct 23, 2009 at 00:00

Investors are valuing companies based on what are likely to be "normalized" earnings for 2011. This method could be as risky as when investors valued internet and technology companies based…

Oct 23, 2009 at 00:00

Japan has gone through two lost decades, in and out of deflation, with nothing to show for it but increasing debt to GDP and a stock market still 70% below…

Oct 23, 2009 at 00:00

For the most part, the value of the dollar is given cursory attention by the financial media. Typically, its movements are assigned an importance on par with much less determinative…

Oct 23, 2009 at 00:00

Borrowing to consume is debt that is of the non self-liquidating type ... As it turns out, this type of borrowing was not limited to the know-nothing consumer and his…

Oct 23, 2009 at 00:00

It's sure been an awesome year in the stock markets! By this week, the benchmark S&P 500 index (SPX) had soared 62.3% from its despair-laden March low and 21.6% year-to-date.

Oct 23, 2009 at 00:00

For over more than 18 months we have watched the gold price churn below $1,000 and in the process forming three tops, before breaking out to above $1,050 in early…

Oct 23, 2009 at 00:00

If the current global rally was about to end, would we expect copper to be making new highs? On Wall Street, copper is often referred to as "Dr. Copper, who…

Oct 23, 2009 at 00:00

There are some that then regard my analysis as wrong or irrelevant, or worse yet not applicable because it uses the fundamentals. It is unfortunate that such a large cross…

Oct 23, 2009 at 00:00

Federal Reserve officials should either get the same vigorous training when making statements about the US dollar or completely refrain from taking about it, and allowing the US Treasury exclusive…

Oct 23, 2009 at 00:00

Now there are still some deflationary forces out there and it will continue. It's an odd mix this time around, meaning that everything we need is going to cost more…