S&P Sinks Most Since 9/11 Terror Attacks – Bloomberg The Brave New World of U.S. Finance – Barron’s U.S. Firefight Switches to AIG – Financial Times Oil and Commodity Prices Plunge – Financial Times Fed Expands Lender of Last Resort Role as it Draws Bailout Line – Bloomberg Gold, Silver Gain as Investors Seek Safe [...]
U.S. Takes Control of Mortgage Giants Fannie & Freddie – Wall Street Journal LTCM Is a Short-Term Memory – New York Times A Delicate Balance in Fannie/Freddie Action – Financial Times The Economy’s Uncertain Outlook – Weekly Standard Welcome to the Mortgage Business – Ciovacco Capital Is the Dollar Really King? (PDF) – Brown Brothers [...]
Coping With New Commodity Trends By Phil Streible I’ve had a lot of clients wondering how to cope with the dramatic shifts we’ve seen in many commodity markets. We are seeing more and more headlines of economic malaise spreading overseas, and commodity prices are falling amid a worldwide slowdown. Crude oil has fallen below $108 [...]
So Why Is the Price of Lobster Falling? – Slate Global Recession & Falling Energy Prices – Project Syndicate The Key to Our Wild Market: Asia – MSN Money Inflation is a Clear and Present Danger – Wall Street Journal To Drill or Not To Drill – Los Angeles Times The World Economy: A Problem [...]
We All Pay for Fed’s Loose Money Follies – Wall Street Journal The Fed Can Learn from History’s Blunders – Financial Times Export Boom Helps Farms, Not U.S. Factories – New York Times Five Ways to Wreck a Recovery – Washington Post How Low Rates Contributed to the Credit Crisis – Wall Street Journal The [...]
Gold, Crude Oil Slump, Leading Commodities Plunge to 4-Month Low – Bloomberg U.S. Economy: Consumer Confidence, NY Manufacturing, Gain – Bloomberg Will Fed’s Courage Pay Off? – Times of London In Europe, Economy is Suffering Too – The Economist Explaining Oil Price Fluctuations – Portfolio Economists Divided on Question of Recession (Video) – Wall Street [...]
Can America’s Car Makers Survive? – Wall Street Journal Can India Ever Catch Up to China? – Daily Telegraph Thoughts on U.S. Economic Recovery – Financial Times The Wisdom of Crowds, Year Two – RealClearMarkets Bank of England Keeps Rate at 5% – Bloomberg Demand Destruction with Commodities – Sir Charts-a-Lot Were the Tax Rebates [...]
Heading into the FOMC meeting announcement (expected at 1:15 p.m. CT) CME Fed funds futures imply odds of 95% that Fed policymakers will keep the short-term interbank lending rate (known as the Fed funds rate) steady at 2%. Lind Plus Senior Market Strategist Carol Hurley thinks the meeting will be a non-event, but watch for [...]
Is the Bottom Nearing for the U.S. Dollar? By Phil Streible The latest data on weekly unemployment claims and gross domestic product has pushed both the stock market and the U.S. dollar down, but I have a slight inclination to believe the dollar will see a rebound before year-end. A Federal Reserve policy meeting is [...]
Euro Poised for a Breakout By Richard Ilczyszyn and Phil Streible The euro seems poised to make a breakout against the U.S. dollar, but the big question is which direction. It could go either way as we have global inflation, and at the same time, economic weakness impacting the currencies. We think a strangle is [...]
