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Markets

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What Everybody Already Knows About 2007

Dec 22, 2006 at 00:00

It's that time of year again, when economists, market strategists and pundits all come out with their market predictions, outlooks and forecasts for the New Year. These should more accurately…

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Has Housing Bottomed In the US? Data and Fifth Grade Math Says NO

Dec 21, 2006 at 00:00

Class, today we will learn how to apply the arithmetic that you have learned to the real world problems. Remember, when we took a field trip to the city and…

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What is Up with Natural Gas?

Dec 21, 2006 at 00:00

While it is tempting to place a bullish bet on natural gas prices based on the historical correlation between oil and natural gas prices, this author believes there is now…

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Clipping coupons in Thailand

Dec 21, 2006 at 00:00

Hot money makes people do the strangest things, says Adrian Ash of BullionVault.com. They're even buying Dollars and Sterling right now ...

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More Evidence Pointing to - but not Guaranteeing - a Q1 rate Hike in the UK

Dec 21, 2006 at 00:00

This morning's UK data have further increased the odds of a Q1 2007 rate hike from the Bank of England (BoE), with markets firmly pricing in expectations of a 5.25%…

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Germans Confident, Belgians More Cautious Heading Into 2007

Dec 21, 2006 at 00:00

The latest German Ifo business survey, released yesterday, revealed a quite-astonishing level of optimism among German companies. The main index jumped from 106.8 last month to 108.7 - the highest…

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Copper Price Corroborates Manufacturing Slowdown

Dec 21, 2006 at 00:00

The price of copper is sometimes referred to as "Everyman's Economist" because it is highly correlated with the behavior of the manufacturing sector.

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What's In The Pipeline for South America

Dec 21, 2006 at 00:00

The near landslide re-election of Hugo Chavez in Venezuela in what neutral international observers declared "free, fair and democratic elections" has apparently set the scene in Latin American politics for…

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Monetary Shock Therapy

Dec 21, 2006 at 00:00

Thailand proved over the past few days what can happen to a country where there are enormous capital inflows followed by sudden capital outflows. That is exactly one of the…

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The Rise of Russia and the Coming Resource Wars

Dec 20, 2006 at 00:00

Russia's move in rejecting all outside help for the development of the Shtokmas field is a small subtle but potentially dangerous long term warning signal to nations that are low…