Category Archives: Economics
Value of Pundits
I have reprinted below a post from April 10, 2010. This was the day Larry Kudlow famed economist and CNBC host turned bullish. If you followed his advise you would be poorer today. So just because an expert on TV … Continue reading
Hyperinflation, deflation, neither, both?
There has been much in the media of late about deflation or inflation. Each side has their advocates and with broad economic health indicators weakening over the last several months working non economists may wonder who is right? The problem … Continue reading
Caution flag flying for Dollar
Today’s market action brought out the caution flag for Dollar bears. On August 3, I suggested it was time to consider taking profit on the short Dollar positions I suggested previously. At the time the market had approached my objective … Continue reading
Dollar: view from the sidelines
Previously, I suggested it time to take profit on short Dollar positions. Since then the decline extended, and has now reached firm support at the 80 level. It would be logical to expect a bounce back from here giving an … Continue reading
Taking profit
Back on July 3, I suggested the fundamentals of the US Dollar were not looking to strong what with everyone beating a path back to the Euro. Why they would want to do that is another story. The Dollar has … Continue reading
What’s up with the Dollar?
We have seen quite a roller coaster ride for the once mightly US Dollar since the Greek debt crisis hit. The Dollar had been enjoying a healthly counter trend rally, when the world beat a path back to the safe … Continue reading
The Stock Market is US
Much has been written in the last couple of days about the stock market and the 1000 point intranet day break on the DJIA. The reasons attributed to the break are all reasonable, but they lose sight of the events. … Continue reading
Turning Point?
Economist and CNBC commentator Larry Kudlow published a column reversing his thinking that the economy was not in recovery mode but merely marking time. Based on recent employment and retail sales numbers, he now believes corporate earnings will be strong … Continue reading
Clock ticking on Keynes?
Last month I opined that Keynes and his economic theory may be hitting a brick wall again. Here is Zerohedge looking at Japan and it’s Keynesian public stimulus/finance program. The day of reckoning is coming for government debt spending. Central … Continue reading