From the category archives:

economy

The global balance of the world’s big spenders and buyers is shifting.  The total share of world imports is moving away from the developed economies and towards the emerging markets.  You knew this.  But it’s happening sooner than you think.
Based on forecasts from the WTO and The Economist, here are ten key facts about the [...]

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Over the past 24 hours, the price of gold has plunged as much as $104/ounce, or 10%, ahead of what looks to be an imminent Greek debt default.  In fact, the past three days have seen the largest consecutive drop in gold prices in 28 years!  The question is why, you might ask.  Debt problems [...]

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Now that the debt ceiling has been raised and the media have already turned to the question of how Obama will be celebrating his 50th birthday, it behooves us to consider the new market slump that has sunk in following registration of the reality of America’s debt situation.  Immediate crisis would seem to have been [...]

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The U.S. economic “recovery” is showing signs of officially slowing down at the ripe old age of two years.  This is threatening to look like the end of a bull market (and it would be happening at a seasonally appropriate time for it, too).  Bull nor bear, we’re likely to be in a trading range [...]

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Protests in Madison, Wisconsin (USA) would otherwise appear to be a home-grown, Tea-Partyish type of movement (indeed, Tea Partiers were a large contingent protesting in support of the bill) were it not for the past two weeks of protests that appear to be spreading (if not necessarily “escalating”) throughout much of the Middle East, and [...]

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The DOW is back above 12,000 for the first time since June 2008 – kind of weird to imagine, isn’t it?  Does all feel right again in the world?  Back in June 2008 the markets buzzing full of bullish energy.  The U.S. housing sector tore it all apart, and the Ben Bernank huffed and puffed [...]

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Apparently the late-Friday surge in stock markets might have been due to the possibility that “the Ben Bernanke” will intimate the possibility of higher levels of QE2 than initially indicated.  More than $600 billion in Treasury purchases by June 2011, in other words.
Reuters caught sight of a report on the CBS website indicating that Bernanke [...]

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