A Standard Chartered analyst predicts…
MicroStrategy is the world's largest…
This week’s surveys suggest that…
In booming South America, oil-rich Venezuela is the exception: the continent's only shrinking economy in 2010. Officials are rationing hard currency. Government takeovers of private businesses are increasing. One prominent…
Over the last decade investors and home-owners experienced a series of brutal beatings in what was historically a very short period of time. Many investors took heavy losses in the…
Bernanke responds today to the accusation that the commodity price boom is being caused by U.S. monetary policy: Supply and demand abroad for commodities, not U.S. monetary policy, are…
Last week I warned of a flare-up in Egypt and a reversal in oil and gold. The media are transmitting pictures of street scenes in Egypt that for the most…
We have all been reading about Egypt in the newspapers, and wonder what is behind their problems. Let me offer a few insights. At least part of Egypt’s problem is…
The blow up in Egypt is going to create ripples all over the globe. It will certainly be disruptive for equities and the dollar. It will influence global bond yields…
A friend calls from Athens this morning moaning and groaning about the sorry state of the shipping industry. I ask, “What’s new that makes you so grumpy?” He points me…
In a recent White House meeting with President Asif Ali Zadari of Pakistan, US President Barack Obama underscored the importance of the US-Pakistani relationship and emphasized continued US support for…
During a presentation last week a questioner asked me what I thought about predictions that gasoline prices would reach $5 a gallon this summer. I offered this critique. I said…
I think it was very interesting not to see what happened today, but what didn’t. The Federal Reserve announced that it would continue its purchase of $600 billion in debt…
It is not my intention to ruin your day. But I may well do that if you read this piece. While traders pile on their longs with reckless abandon, and…
I am one of those demented people who buys flood insurance when the sun is shining and sun tan lotion by the gallon from Costco in the dead of winter.…
The question of whether a person should pay down debts comes up often, when there are forecasts that suggest unemployment rates and consequently debt defaults will rise dramatically in future…
As China President Hu Jintao visits President Obama and the rest of the US, most of the attention will be focused -- in our view, wrongly -- on the dollar…
Have I seen This movie before? Two years ago, analysts were predicting default rates as high as 17% for Junk bonds in the wake of the financial meltdown, taking yields…
"More longer-term, China would like to see the renminbi rival the U.S. dollar's status as a global reserve currency. But this is going to take a long time," Leather says.…
One of the top themes for 2010 in economics, politics, and diplomacy was the damage being done to the U.S. economy by an undervalued Chinese yuan. As the yuan began…
Randall W. Forsyth points to two recent developments as part of a broader change in the global monetary system: The new world monetary order continued to evolve with two…
Conventional wisdom is that the Fed wants the U.S. dollar lower, so it must drop. But the dollar seems to be lacking proper obedience to the Fed's grand commands. Before…
If you want to delve into the case against the future of US Treasury bonds in all its glory, take a look at the November/December issue of Foreign Affairs, the…