Markets

Oct 28, 2005 at 00:00

Never has a changing of the monetary guard taken place with the U.S. economy in so precarious a position. When Paul Volcker arrived, everyone knew the economy was a mess.…

Oct 28, 2005 at 00:00

For the last year Americans, and the rest of the driving world, have been paying record prices for gasoline (petrol for our British friends). This move higher in price started…

Oct 28, 2005 at 00:00

Over the past couple of weeks crude oil prices have plummeted on the NYMEX [exchange] in N.Y. After a long and pronounced run up in prices from approximately 20 or…

Oct 28, 2005 at 00:00

For a longtime the Federal Reserve has pushed the idea a neutral interest rate demeanor symbolizes the Holy Grail of monetary policy. Trouble is, like the original Holy Grail there…

Oct 27, 2005 at 00:00

The key development last week was the ability of the bond market to bounce from a major support level in spite of the continuing relentless hawkish trash-talk from various Fed-heads.…

Oct 27, 2005 at 00:00

There has never been a better time to take advantage of the commodity markets. China's economy continues to grow at a record pace, commodity prices are still cheap, and the…

Oct 27, 2005 at 00:00

If a supposedly big advocate for "free trade" can not even resolve a relatively minor dispute with its biggest trading partner when it is clearly wrong, what hope do any…

Oct 27, 2005 at 00:00

Gold has recently rallied to a new high of $475.50 an ounce per the London Fix. The price action has induced speculation as to whether gold is in stage one…

Oct 27, 2005 at 00:00

Currency differentia always present unique challenges for investing internationally. Sophisticated institutional investors know when investing overseas they must deal with both currency and conventional market risk. Most know they can…

Oct 27, 2005 at 00:00

There is a surprising degree of middle of the road uniformity amongst most of the surveys that report the percentage of stock market bulls and bears. Amongst the 12 surveys…