Although the price action in the forex market today suggests that currency traders are nervous, the jitteriness was not shared by equity or bond traders who sent stocks to new yearly highs and... read more »
Last week the New York Times released an article titled Mexico Oil Politics Keeps Riches Just Out of Reach (Krauss and Malkin, March 8, 2010). To the casual reader, this commentary on the oil... read more »
Sen. Dodd's new financial regulation package is out and about. What does it mean? What does it do? What will it change? Will it work? The analysis has only just begun. We can start by recognizing... read more »
Health care legislation has been a focal point for national debate for more than a year. One way or another, the fate of legislation supported by President Obama will soon be decided -- probably... read more »
The Wall Street Journal this morning is reporting that Janet Yellen is on the fast track to become the central bank's second-in-command replacement for the retiring Don Kohn. Here's an excerpt from... read more »
I don't usually get political but there is something I want to get off my chest. It's my opinion that many of the problems we face as a nation are caused by our politicians in Washington. While the... read more »
Commodities are a TAX. They are the worst kind of tax because they flatly (not progressively) charge every man woman and child in this country more money for the same food, fuel, shelter and... read more »
Readers will have to excuse my tone this week, but I'm just plain mad, for reasons that will be apparent to you shortly.
Friends, what we are seeing now is the beginning of what may be (at... read more »
Today’s personal income and spending update for January looks like a warning of things to come, but not for the obvious reasons. The weasel in the henhouse is all the more troubling at the moment... read more »
It is a real toss-up as to which generates more bizarre comment in the international press: Beijing's long-feared dumping of US Treasuries, or the use and value of the PBoC's central bank reserves. ... read more »
