Mar 15, 2010
Here's something I don't see anyone talking about and I'm not sure why.
Maybe it's because everyone wants to believe that everything is getting better.
So what is it?
It's China's stock market the Shanghai Composite Index.
This Chinese stock index has been making...
Mar 8, 2010
The euro zone has been dealing with the Greek debt problem for months and the jury is still out.
Some say an IMF bailout will be required. Others say that those in the euro zone will bail them out. (That s what I ve been saying is likely to happen).
Still others are now...
Mar 1, 2010
If you turn on CNBC, they will tell you that the economy is recovering.
If you listen to the Federal Reserve, they will tell you the same.
Guess what? It s not recovering. It s a façade. It s being masked over by the enormous government stimulus that has replaced the...
Feb 22, 2010
The Federal Reserve shocked traders and investors alike last week as it hiked the discount rate by a quarter of a point. (This is the interest rate that the Fed charges banks as they get loans from the Federal Reserve.)
While the main interest rate wasn t hiked, it did...
Feb 19, 2010
The Federal Reserve s hike in the discount rate for the first time in three years is a warning shot.
It's the first part of a larger plan to fight off inflation while attempting to not rattle the markets in the meantime.
That's why the Fed tried to play it down by...
Feb 1, 2010
Was it just me or didn t anyone else s antennas go up when they heard the latest U.S. GDP number that was released Friday?
The gross domestic product, or GDP, number came in at 5.7 percent, compared with the 4.5 percent expected and much better than the 2.2 percent...
Jan 18, 2010
The tables are about to turn.
For the longest time now, the dollar has fallen against the euro.
However, we re in the process of the turning of the tide right now.
How can this be?
The problems in the euro zone continue to escalate.
At first, many people thought...
Jan 12, 2010
China now says its economy could grow at the shockingly fast rate of 16 percent, news that has some wondering if inflation and a property bubble will result.
Exports are zooming, China is now the biggest exporter in the world, ahead of Germany, and it has surpassed the...