Markets

Mar 21, 2009 at 00:00

In my opinion, this re-inflation effort is ultimately not going to work any better than any of the previous efforts. The technical damage that has been done over the last…

Mar 21, 2009 at 00:00

The market should retest the March lows, but, that may take a few weeks. Much of the overbought condition was relieved Thursday and Friday. I expect the major indices to…

Mar 21, 2009 at 00:00

Why should we worry about a monetary policy that depends on risk-free profits offered to speculators betting on higher bond values? Because it reflects the utter corruption of the profit-and-loss…

Mar 20, 2009 at 00:00

As I've argued on these pages, our highly inflated and distorted system requires $2.0 TN or so of Credit creation to hold implosion at bay. It is my belief that…

Mar 20, 2009 at 00:00

The S&P 500 had an interesting week. In the aftermath of the FOMC announcement on Wednesday, the SPX climbed to 803.24 to make new recovery highs off of the March…

Mar 20, 2009 at 00:00

Until the last man stands, status central bankers alongside their political and corporate cohorts will defend their collective monopolies until fiat currencies reach one pip north of ZERO if need…

Mar 20, 2009 at 00:00

Last week, Chinese Premier Wen Jiabao stirred markets when he said that he was worried about China's holdings of Treasuries and wanted assurances that the investments are safe.

Mar 20, 2009 at 00:00

This week the Federal Reserve finally made clear what should have been obvious for some time - the only weapon that the Fed is willing to use to fight the…

Mar 20, 2009 at 00:00

Aside from TALF's freeing up some auto and credit card loans, where will we households get the funds to purchase anything? After all, the home ATM has sprung a leak.…

Mar 20, 2009 at 00:00

Many of you know that following what Institutional Investors are doing is critically important for investors. With over 50% of all the daily volume coming from Institutional Investors each day,…