Subscribe to RSSGlobal Food Crisis: 6.8 Billion Served…and Counting
Paper is out; stuff is in. That’s what the markets are telling us right now. The dollar, that esoteric, floating abstraction upon which the financial world erects...
After China, the Fed’s Now the Largest Owner of US Treasuries
Just this week an inevitable milestone came to pass, the Federal Reserve surged ahead of Japan as the second largest owner in the world of US debt… second only...
A Tojo Moment
“This week, Tokyo’s central bankers rediscovered a modicum of their old mojo,” The Financial Times told the world on Wednesday. Typically, the FT reports the...
Government Workers: The New Upper Crust?
We’re on zombie watch… They’re everywhere…but especially here in the Washington metropolitan area. Zombies get their money from the government –...
How to Make Real Money in Real Estate and Other Investments
Dow…3 ounces! Our old friend Ronan McMahon has been keeping us up to date. Ireland is going broke, he says. The Irish foolishly borrowed too much money during...
Chinese Manufacturing Grows
The data cupboard’s results ended up being a bit better than expected, not by leaps and bounds, but certainly not the bottom of the barrel! The first revision...
House Passes Protectionism Measure
On my way into work this morning the radio was playing one of my fave Pink Floyd songs, “Comfortably Numb,” which also happens to be a fave phrase of mine…...
Day Care or Default? – The long-expected decline of an unsustainable economic model
After so much traveling, we’re happy to stay at home this week and do our reckoning here. This past weekend, we got back from Florida only to depart immediately...
The Cost of Fed Incompetence
I have grown old yelling at my neighbors and family members to buy gold, silver and oil, to little-to-no avail, and I can see that they are getting bored with my...
How to Manage Risk in Your Portfolio
There are many strategies for making money in the market. Very few of them work all of the time. Put another way, the vast majority of them work almost none of the...
Markets Think the FOMC is Prepared for Quantitative Easing
The FOMC has opened Pandora’s Box of currency rallies and dollar sell-offs, and I’m not talking range trade rallies. I’m talking all-out, no prisoners taken,...
Which Way for Stocks? Bonds Give a Clue
Sherlock Holmes sometimes solved great problems just by lolling around in his smoking jacket and puffing at his pipe for hours. In “The Man With the Twisted Lip,”...
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