The U.S. dollar has been…
Some funds have become obsessed…
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…
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…
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.…
Oh boy is 2011 going to be an exciting year! Some things that I think might happen: -Volatility is going up across the board. If you have the stomach for…
Any trader will tell you the trend is your friend, and the overwhelming direction for the US dollar for the last 220 years has been down.Our first Treasury…
Capital will flow to where there's money to be made. It's just that simple. America's "accomodative" monetary policy has spurred a new wave of corporate borrowing. And where are these…
Ireland’s acceptance of international financial aid to its stricken finance sector is widely seen in the country as a shameful loss of sovereignty and the prelude to years of austerity.…
The top 20% are prospering and spending money; the bottom 80% are not, but thanks to vast wealth disparity, the top slice of households can keep consumer spending aloft. This…
This just might be chart of the year. Chinese buying of U.S. government agency bonds.
I am not of the “V” or “W” persuasion, but see a “square root” shaped economic recovery, a “V” followed by a long, bumpy, but very modest rise. After a…
Let’s put the economic policies the voters chose under the microscope and see what we got. It is not a pretty picture. The bottom line is that my scenario of…
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.…
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…