Bitcoin is on the brink…
The Bank of Japan raised…
MicroStrategy is the world's largest…
We're a few hours away from the Federal Reserve's expected announcement of more quantitative easing for America. The general expectation is the Fed will buy hundreds of billions worth of…
In the 1948 Frank Capra film State of the Union aircraft tycoon Grant Matthews is drafted as a candidate for president of the United States. Matthews has never sought office…
When I first visited Calcutta in 1976, 800,000 people were sleeping on the sidewalks, I was hauled everywhere by a very lean, barefoot rickshaw driver, and drinking the water out…
Jon Hilsenrath at the WSJ has been THE mouthpiece for Bernanke for the past few months. Bernanke has been telling him what is on his mind and Jon prints it.…
The U.S. bond market is murky these days. Yields have been plummeting. But some of the action is almost certainly due to the Federal Reserve once again buying Treasuries. Since…
When I wake up at 4:30 am each morning to check the overnight markets and review the opening salvo of incoming emails, I often have trouble focusing in my groggy…
Out of the gate, Italian central bank governor Mario Draghi was the frontrunner. He had restored the integrity of the Bank of Italy that was tarnished by the scandals of…
Answer: both were quoted in the keynote speech last week by U.S. Commodity Futures Trading Commission (CFTC) commissioner Scott O'Malia, at the 13th Annual Energy and Commodities Conference in Houston.…
Who said quantitative easing wouldn’t work? The only problem is that you have to speak Bahasa, eat nasi goreng, and live South of the equator, to take full advantage of…
The US obsession with the Chinese exchange rate is a classic example of blaming foreigners for domestic woes. And we’ve been here before. In the 1980s, the US government –…
The traditional Swiss finishing school taught young women etiquette and social graces, but international bank regulators are talking about something much tougher when they refer to a “Swiss finish” for…
I managed to catch an interesting interview on TV the other day with Tom Albanese of Rio Tinto (RTP), the planet’s second largest producer of iron ore. It is one…
Japan pulled out the firepower this week in terms of qualitative easing. Speculation is running the Fed will announce same at the beginning of November. And so people are worried.…
OK, let’s say that if you don’t own bonds, but someone is holding a gun to your head, dangling you by your ankles outside a window on a high floor,…
Overnight, the Bank of Japan announced unprecedented monetary policy. The Japanese are going "all-in" on economic stimulus. Since the financial crisis, "monetary easing" has been a buzzword globally. For many…
I have long sat beside the table of Mckinsey & Co., the best management consulting company in Asia, hoping to catch some crumbs of wisdom. So, I jumped at the…
I wrote last week about big changes coming to financial regulation in Europe. Look for the sequel soon in the U.S. America is buckling down for a new era of…
Last week, octogenerian Paul Volcker lost his grip. Volcker, who was the Fed chairman before Alan "Bubbles" Greenspan, remembers a time when the Wall Street (aka. the Financial Industry) worked…
I managed to catch a few comments on TV yesterday in the distinct northern accent of Jim O’Neil, the fabled analyst who invented the “BRIC” term, and who has been…
Things seem pretty good in the markets these days. Gold once again touched $1,300/oz yesterday. And there's growing talk of $1,500. Base metals prices have remained firm. And equity…