Germany's reliance on Russian energy,…
China's economic growth is slowing,…
The ongoing UAW auto strikes…
In light of the number of manufacturing and goods producing jobs lost in America over the past decade, it’s no wonder why many in Washington and on Main St. are…
I just finished reading a 144-page document from the Committee of European on ways to prevent market abuse. The paper discusses myriad ways regulators can browbeat listed companies into following…
For over a year, the Federal Reserve has been pouring money into American mortgages. Buying "mortgage-backed securities" (MBS), financial instruments whose value is based on a pool of underlying mortgages.…
It would seem that the normal laws of supply and demand would be the foundation for establishing the current market price for commodities like crude; and to some extent this…
Something has changed these last few weeks. Yesterday I was struck by how many indicators have suddenly broken trend over the last few months. It appears that the economic landscape…
Something unusual happened the last few weeks. Bank lending in the U.S. didn't fall significantly. Since the onset of the financial crisis, outstanding loans at U.S. commercial banks have been…
The picture below is worth a thousand words. And $50 trillion. This was just released by the Bank of Japan as part of…
The majority of economic observers seem convinced that the dollar is doomed, and not in some distant future. The basic reason for this unanimity is the reasonableness of the basic…
Oil Market Summary for 03/15/2010 to 03/19/2010. Crude oil futures kept falling back from highs even though speculative funds increased their bets that prices are headed higher. The benchmark West…
The U.S. deficit and the Treasury bonds which must be sold to fund it are beyond comprehension. The trouble with bonds (the U.S. Treasury variety, among others) is simple: there's…
A maritime boundary dispute between Ghana and Côte d’Ivoire that erupted this month casts doubt on future international oil claims near the contested area and raises questions about the reaction…
Since 91% of stocks are owned by the Plutocracy, the much-ballyhooed rise in the stock market as proof the recession is over is perception management/ propaganda. The 75%…
The China Containerized Freight Index has bee-lined upward in 2010. The index tracks shipping prices for goods sailing from China to 11 different regions around the world. Between January…
The past year has been all about shifting debt. The financial crisis drove American homeowners into debt. Homeowners defaulted on their loans (or threatened to), driving the banks into debt.…
Now that the S&P rallied over 60 pct since last March 2009, and pretty much all other markets except housing and real estate have also rallied (anything connected to financial…
A year ago this week the stock market hit its nefarious 666 level on the S&P 500. Since that historic day, we have enjoyed a 68% appreciation in equities from…
Oil Market Summary for 03/01/2010 to 03/05/2010. Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a…
The European currency has depreciated dramatically against the US dollar in the past few months, falling from over $1.50 on December 1st to $1.35 today. The move has caused many…
The euro as presently configured is doomed due to structural imbalances between mercantilist and consumer nations. A "euro1 and euro2" system would allow a face-saving demise to euroland's single currency.…
There are a lot of ships sailing around China these days. As I've discussed several times over the past weeks, Chinese shipping indices have gone ballistic. The China Containerized Freight…