WOLFGANG SCHAEUBLE: WE WILL MAKE THE EURO WORK
Well, the German Finance Minister couldn’t have been much clearer than this. As I mentioned previously, Germany has every reason to make the Euro work and it looks like the [ … ]
Practical Views on Money
Well, the German Finance Minister couldn’t have been much clearer than this. As I mentioned previously, Germany has every reason to make the Euro work and it looks like the [ … ]
Ben Bernanke is confused. And no, it’s not just the monetary system that continues to confound him. This time it’s gold prices. During yesterday’s Congressional testimony Bernanke was asked about [ … ]
The media and the general public is up in arms over the fact that Goldman Sachs “bet against the US housing market” and effectively “bet against America”. Some investors have [ … ]
Big development for the financials and the White House crackdown on the banks: Washington, D.C., April 16, 2010 — The Securities and Exchange Commission today charged Goldman, Sachs & Co. [ … ]
Today’s FX View from IB: Stern spending cuts and further increases in tax levies announced today in the Greek budget provided somewhat of a reprieve to the euro in midweek [ … ]
Today’s FX View from IB: The gains in the dollar inspired by the Fed’s unexpected discount rate move last week appear to have abated. Most players appear comprehend the accompanying [ … ]
Some bearish bets were seen in the GLD yesterday as big investors appear to be hedging themselves and/or betting against the yellow metal:
The weekly reading on small speculators has been one of the very best short-term indicators for the equity markets over the course of the last year. These small speculators have [ … ]
The market is none too pleased with this morning’s housing data. On the bright side, we continue to see the trend in “better than expected” earnings. It’s truly astonishing that [ … ]