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Markets

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Dinosaur Economists and their Paper Currency

Apr 02, 2009 at 00:00

It all seems so weirdly surreal when federal deficit-spending exceeds 14% of GDP, which doesn't even include the 7% of GDP that is the "balanced part" of the federal government's…

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The Only Certainty: Holding Cash Will Not Be Productive

Apr 02, 2009 at 00:00

You may not realize it but one of the reasons short-term interest rates are currently so low is part of a deliberate strategy by the Fed to persuade all of…

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Speculators Return to Commodities, Aussie and Canadian Dollar

Apr 02, 2009 at 00:00

There are times when it pays to be a contrarian, to think outside-the-box, to bet against the conventional wisdom of the crowd, and ignore the chatter of the media. Usually…

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G20 and IMF Gold Sales: A Late April Fool's

Apr 02, 2009 at 00:00

...Additional resources from agreed sales of IMF gold will be used, together with surplus income...

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Aussie's Latest Boost

Apr 02, 2009 at 00:00

The latest burst in risk appetite boosted the Norwegian krone and the Aussie at the top of the list of major currencies ... The Norwegian currency has practically become a…

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What Does the Bottom of a Bear Market Look Like? ...

Apr 02, 2009 at 00:00

During the bottoming process of the last Bear Market, the Bear did not die until the NYA's resistance was broken to the upside WITH the C-RSI subsequently breaking above the…

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I'm Headed Back to DC, With Blogger's Opinions in Hand!

Apr 02, 2009 at 00:00

I will be headed to DC in a few hours to attend the Congressional Black Caucus Economic Security Taskforce TARP/TALF Access Summit. Yeah, I know, its a pretty long title.…

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Geithner's Gift To Pimco

Apr 02, 2009 at 00:00

I think Pimco needs a name change. Does PimpCo work?

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G-20 Meeting More Than a Photo-Op

Apr 02, 2009 at 00:00

It's a good thing that there are two photo-ops at these meetings, one at the start and one at the end, because the G-20 almost became the G-19 when French…

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Best Quotes of March 2009

Apr 01, 2009 at 00:00

Every emotional extreme always evokes its own reversal. There has never once been an exception to this rule - not once! A typical response to this would be, "But this…