The UK economy is primed…
The World Bank forecasts slower…
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…
Ireland is high on the list of, “Things that Could Go Wrong Big Time”. The numbers are so scary that they are encouraging. Ireland is a TBTF. If there were…
You may have missed it, but this afternoon a slumbering giant with a formidable arsenal of economic weapons began to awake. That giant is the Fed and its formidable arsenal…
There is a wonderful conspiracy theory propagated by Tea Partiers that has been making the rounds in the financial markets for the past several months. In a desperate attempt to…
The Mainstream Media in the U.S. has presented two basic approaches to understanding China's real estate bubble: 1. There is no bubble in Chinese real estate, as demand for housing…
You'll find there are certain themes that reoccur often in this missive. One of them is U.S. credit. Analysts look at a lot of different numbers to try and figure…
It's still happening. Eight months on and counting, expected inflation continues to fall at a steady pace as seen below: …
One of my favorite math professors always used to tell me that statistics were like bikini bathing suits. What they reveal is fascinating, but what they conceal is essential. If…
The great thing about interviewing Joseph Stiglitz over dinner is that you don't have to ask any questions. You just turn him on and he spits out one zinger after…
I spent the evening speaking to Gao Jie, a Beijing civil judge who left the bench to join China's growing environmental movement when her kids came home from school one…
I opened the e-mail at my usual wake up time of 4:00 am. President Bill Clinton was playing at the Presidents' Cup PGA tournament at the Harding Park Golf Course…
With hotel occupancy in the dumps at 20%-30%, and parts of downtown Bangkok still in ruins from the May riots, you would think the call to buy Thailand (TWD), (TF)…
I sat down with Forbes magazine publisher and perennial Republican presidential candidate, Steve Forbes, whose father, Malcolm, I knew from my journalism days in the seventies. He was there formally…
Despite the legislative churn that produced thousands of pages of new laws and regulations and much self-congratulatory PR, nothing of any importance has changed. All the truly important systems remain…
The old saying goes that just because you're paranoid doesn't mean everyone else isn't in on it. It's starting to feel that may be true in the bond market. For…
I just want to pass on some data forwarded to me from my extensive band of Chilean readers in response to my recent piece, “Chile is Looking Hot” (click here…
With China’s (FXI) economy rocketing at 8%-13% quarterly growth rates, and Japan (EWJ) plodding away with meager 1%-2% rates, it was only a matter of time before the Middle Kingdom…
In July, I wrote an article titled ‘Is The Recovery An Illusion?’ With the additional evidence that has come in since there really is no doubt about it. Economic recovery…
Often while searching for a piece of data through Google, I stumble across something else, which is far more interesting. That is how I found the table below of international…
They are supposed to help states and cities that are short of cash build roads, schools and bridges. But Build America Bonds, part of President Obama’s economic stimulus plan, are…