Markets

Nov 25, 2007 at 00:00

Call me a cynic but when I see conditions repeating themselves I tend to think the outcome will be the same. It looks to me that conditions are ripe for…

Nov 25, 2007 at 00:00

Money is running from the stock market into the bond market - thus driving bond prices up. The path of least resistance appears to be up for prices and down…

Nov 25, 2007 at 00:00

Over the last thirty-five or so years people have been de-sensitized to the 'chill-and-fever' syndrome epitomized by the gyrating value of the dollar. It had its ups and downs but,…

Nov 25, 2007 at 00:00

Fear is a very destructive and negative emotion if left uncontrolled and most individuals never master control of this useless emotion; there are slaves to this emotion till the very…

Nov 25, 2007 at 00:00

Like me getting drunk and surly, and then thinking that getting me drunker makes me more convivial. It does. For awhile. A very short while. And then, like in economics,…

Nov 23, 2007 at 00:00

Gold came within a whisker of our oft repeated target of $850 an ounce last reached in 1980. The main driver is the debasement of the US currency, which is…

Nov 23, 2007 at 00:00

Ever wondered why long term interest rates are so conveniently falling in sync with the official need to avoid troubled-loan ARMs to reset significantly higher in early 2008?

Nov 23, 2007 at 00:00

Rising delinquency and foreclosure rates, which are very predictably in the early stages because the spike in mortgage resets only started in October of this year, suggesting that the real…

Nov 23, 2007 at 00:00

...Once the Dollar loses its role as the supreme reserve currency, just what other uses might it be put to exactly - wall-papering the inside of central bank vaults? Rolled…

Nov 23, 2007 at 00:00

As internal debates in the Gulf and Asian nations intensify over the need to continue propping up the U.S. economy, dangerous signals this past week from the Fed, Freddie Mac,…