OK, here I go with another educational concept that has no immediate and actionable investment advice. I heard a couple of uninformed comments about housing. One was that the market needed to... read more »
Bernanke is taking the stand this morning before the House of Representatives in Washington to deliver his semiannual report on monetary policy. Having already done this 8 times in the past,... read more »
U.S. traders are back from their 3 day weekend and have brought their jovial and relaxed moods with them. Most of the higher yielding currencies rebounded against the U.S. dollar this morning thanks... read more »
By Ron Rutheford, Sabrient Corporate Macroeconomist In my last blog post, I quoted a section of Econoday stating that the ISM report was a sign of a V recovery. Mark Perry of Cape Diem shows other... read more »
A couple of days ago I posed the question, Are You Watching Greece? While I am certain that most investors are doing their best to keep on top of the latest news swirling around Greece and the... read more »
Consider today's price action in the currency market to be the calm before the storm. This morning, the U.S. dollar is virtually unchanged against most of the major currencies but with 2 more... read more »
MSN Money has a good two minute video out this morning. In it, Diana Olick indicates that 25% of mortgage holders or 15 million homeowners owe more on their house than it's worth. And because of... read more »
The big news this week comes, naturally, from US auto companies. Rather than missing earnings estimates, battling unions, or closing down plants, auto firms are now making news for their... read more »
U.S. equities are trading higher this morning, which helped lift higher yielding currencies and force the U.S. dollar to give up some of its recent gains. Existing home sales was the only piece of... read more »
The nascent rebound in the housing market took another step back with the release of today's Existing Home Sales report. The National Association of Realtors said the existing homes plunged 17%,... read more »
