Jun 12, 2013
Currency markets are in a state of panic. The U.S. dollar strength continues and seems like it rules the roost these days.
Jun 5, 2013
I remember not so long ago (last down turn) when the media was full of articles about China's growth collapsing if the United States were to slow down. Countless articles were written about how China's numbers cannot be believed in the context of a U.S. slowdown.
May 29, 2013
While I do believe that the bond market will correct violently, I do not believe it is happening now. Beware of being suckered into selling the bonds to make money as you can be caught short and end up losing even more money.
May 22, 2013
I am at a conference in Myrtle Beach, S.C., this week and was listening to speeches by economists from two of the prestigious top 10 banks in the country. It is amazing how they have completely swallowed their own Kool-Aid about how great a time we are having in America these days.
May 15, 2013
I have been wrong in the past few weeks when I projected significant declines in the U.S. dollar. The turmoil in the currency markets has been acute, with most countries unabashed in their attempts to devalue their currencies.
May 8, 2013
The United States apparently created 165,000 jobs in April. I was watching some of the acclaimed economists that adorn TV stations, who all unanimously acknowledged after "checking under the hood" that the number is solid and deserves a standing ovation. Hurray USA. NOT!!
May 1, 2013
The U.S. dollar has been on a downward spiral for several years now. The trend started back in 2001 and the dollar has been in a clear downward trend since.
Apr 24, 2013
I have been wondering about the direction of business in Brazil. After meeting with a few seasoned bankers and businessmen, I am beginning to recognize the quandary that is plaguing Brazil.