January 26, 2010 · 4 comments
in 2010, DJIA, Federal Reserve, Obama Effect, S&P 500, VIX volatility, banks, central banks, earnings, economics, economy, market reports, market trends, news and updates, politics, recession, special dates, stocks
State of the (Economic) Union 2010: is political news now a leading indicator of stock markets?
I can’t remember where I read it recently, perhaps even in the End of Influence, but the consensus among some who know more about it than I do is that stock markets, and most notably the U.S. stock market in [...]
January 25, 2010 · 5 comments
in Asia, China, G20, Latin America, US economy, capitalism, central banks, economics, economy, emerging markets, foreign investment, future, international economy, politics, preparedness, protectionism, reviews, wealth transfer, world order
As soon as I saw this title on the bookshelf, it caught my eye. Since I’ve been trying to curb my spending, I just skimmed it and put it back. Well, I returned a week later and decided to buy it after skimming it again.
I’m not finished with the book yet (although it’s just a [...]
Economists define the money supply as the total amount of money available within a given economy. Here, money is defined as the amount of currency in actual circulation as well as on deposit at financial institutions (where the money is often held in a more or less virtual form, since usually the bank never physically [...]