From the category archives:
The US Dollar has sunk to 2.5 year lows. This is a significant time frame, as currently, Brent oil futures are also at 2.5 year highs. Outdoing both of these, gold is at all-time nominal highs, having closed April 2011 at $1563/oz.
Bernanke keeps saying that a strong dollar is in the U.S.’ best interests, and [...]
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Should we be concerned about $110+ oil? Since the beginning of March, and noticeably after the March 11 triple tsunami-earthquake-nuclear disaster in Japan, oil prices have shot through the roof and show no signs of abating. Events in Libya have helped keep oil support levels high as well, but many argue this is no mere [...]
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So, like many people, maybe you’re sick of the so-called “doom and gloom” crowd – that’s too bad. Because reality doesn’t depend on fashion and it isn’t going to wait for you to agree with it before basic cause and effect takes hold and serves you up a dish you don’t like.
Niall Ferguson is different [...]
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Bernanke did suggest the possibility of more quantitative easing, i.e., QE3 (let’s not lose count) last night on 60 Minutes. He also said that in 10, 15 or 20 years’ time, “there won’t be any money left for the military or for any other services the government provides” (referring to the U.S., of course).
Lots of [...]
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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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