Russia Goes Loonie

The holidays are here! Food, family, fun – and football! Before I get on with today’s… Read more

From Export to Import

Goldman’s chief Latin America economist, Paulo Leme, called it unnecessary roughness. He was referring to the Fitch Ratings Agency downgrade for Mexican foreign debt…. Read more

England’s $325 Billion Problem

The U.K.’s opposition Conservative Party leader David Cameron has been railing against Prime Minister Brown’s stimulus policies. But Cameron saw his lead in popularity polls take a… Read more

Europe to Enter Double Dip Recession that Hurts U.S. Investors

It’s been my opinion lately that economic recovery in the U.S. is very much in the hands of foreign governments. The basic theory goes like this: the… Read more

Current P/E Ratios May Be Misleading

As we came into earnings season, it seemed clear that analysts were far too pessimistic with their estimates for earnings. Yesterday, Bloomberg reported that 81% of corporations… Read more

Continuing to Find Opportunity in China

We’ve landed in Xi’an, one of China’s biggest… Read more

Bernanke’s Second Chance and Dr. Doom Returns

As if there had been any doubt, Fed Chief Ben Bernanke was nominated for a second term. This is a good move in my opinion. Especially now, switching horses… Read more

Weakening Dollar Good for Jobs, Bad for Your Household Budget

"The question is not whether the dollar will weaken over time, but how it will weaken…"  That’s what the CEO of bond giant PIMCO, Mohamed El-Erian, had to… Read more

Even Wal-Mart is Having Trouble

Last week’s better-than-expected payroll data is being offset by new jobless claims today. 558,000 people filed new claims for unemployment benefits. That was more than the median estimate of… Read more

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