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 [...]
[N.B.: Dear Peter; as a regular listener of your weekly radio show and vlog, I wanted to say that I appreciate the work you've done. Although not everyone may agree or even want to listen to what you have to say, I respect the consistency and logic of your arguments, which is quite refreshing admist [...]
July 5, 2009 · 5 comments
in US debt, US dollar, currencies, foreign investment, inflation, international economy, investing (general), politics, savings, world order
China was the first to open the floor for discussion on the continued viability of the US dollar as the world’s reserve currency a couple of months ago. With good reason, since they are now the largest foreign holder of US debt instruments (that’s the paper money the Fed prints out of thin air). Just [...]
When you consider all that’s been happening and put it on a short timeline, it’s amazing that we’re still seeing so much coordinated effort internationally. This is great. No one anywhere wants global markets in chaos. It’s a good sign, in a way, that there is so much financial cooperation (at least that public knowledge [...]
This is an open question to all of you. I haven’t thought about this in a while, but I was recently reminded of it and noticed that we haven’t heard much in the way of updates on the Iranian oil bourse.
The last I heard, a few months ago, was that Iran successfully opened the euro-denominated [...]
Lately I’ve found a new source of distraction in this sporadically intriguing book by David Rothkopf:
The book is ostensibly about the world’s power elite and the nature of their power, wealth and influence. Sounds like predictable, run-of-the-mill summer reading? It’s not. It’s actually quite a nuanced approach to the subject. Rothkopf [...]