Aug 27, 2014
For all of you who are wondering what Abenomics is or whether it is a real word, the term was coined when the Japanese Prime Minister Shinzo Abe, who was elected a second time on Dec. 26, 2012, vowed to lift the two-decade-long stagnated Japanese economy out of the doldrums.
Aug 20, 2014
The euro seems to be in trouble these days. The currency that is common to 18 of the 28 countries that form the European Union (EU) seems to not be able to do anything right.
Aug 13, 2014
It seems I was off by 3,500 miles when I wrote to you back on July 30 that Russia might push back against the U.S. sanctions and start dissing the dollar by conducting its trades in Australian dollars. Seems like Russians were ahead of me and north of where I expected they would go.
Aug 6, 2014
India held a historic election in May. The results were epic as well. After nearly three decades, they had a clear mandate for the incoming government to rule without the pressures of coalition and divergent agendas.
Jul 30, 2014
The global economy can't afford an energy crisis at this juncture where it is quite frail and needs constant support and monitoring.
Jul 23, 2014
Run for the mountains, but keep invested in stocks since they are now in the TBTF (Too Big to Fail) category.
Jul 16, 2014
It is now only a matter of time before the New Development Bank gains in strength and starts dominating the financial scene. And it is now only a matter of time before the U.S. dollar loses its crown as the reserve currency of the world.
Jul 9, 2014
I have often spoken to you about the health of the U.S. dollar and how it is failing. The state of the U.S. fiscal deficit is the prime cause of the ill-health, as the deficits are out of control.