Markets
Sovereign Wealth Funds Get Wealthier
Germany reported a drop in industrial production for October. Greece and Ireland both received downgrades on their debt. Economic growth in Europe is not strong…. Read more
Taking Profits
The Dow Industrials continues to struggle with resistance at 10,500. Every time it peeks above that level, the sellers step in. Friday was a great example. Stocks… Read more
Fed Funds Futures
Fed Chief Bernanke has been adamant that rates will stay low for a while. But that doesn’t mean forever. And we know he’s already testing the waters… Read more
Light Volume
The Dow Jones Industrials has come within 68 points of my 10,500 target. And while stocks have made another strong push higher over the last two weeks,… Read more
The Race to the Bottom
Don’t be fooled by Europe’s consistent demand that the
Inflation Vs. Deflation
If you want some solid insight into why the Fed continues to say that interest rates will remain low for quite a while, just look at this… Read more
Gold Versus Silver on a Weakened Dollar
The headline retail sales number for October came in better than expected, up 1.4%. Of course, sales were down more than expected in September, so a bounce… Read more
The Irrational Market
Fed governors were out in force yesterday, expressing dovish comments on rates. … Read more
Front-Running the Fed
The Fed is playing an interesting game. One the one hand, rates must remain low to fight deflation, encourage borrowing and… Read more