2010

Howard Davidowitz, chairman of Davidowitz & Associates Inc., tells Bloomberg's Pimm Fox that the companies doing the best in the retail space are the luxury retailers like Saks(SKS), Tiffany (TIF), Coach (COH). The implication is that…

I was on the CBC's hour-long primetime finance show Lang & O'Leary last week talking about the European financial crisis. Prior to my appearance I wrote "The European Sovereign Debt Crisis" to give a full accounting of the…

from the BBH Currency Strategy Team The US dollar is softer on the last trading day of the year with position squaring likely the main driver. With the economic calendar light, the euro traded in narrow ranges throughout most of the…

The US Department of Labor reported this morning that seasonally adjusted initial jobless claims were 388,000 In the week ending Dec. 25. That is a decrease of 34,000 from last week's revised number of 422,000. This is the lowest weekly…

from the BBH Currency Strategy Team The US dollar extended its Wednesday's losses after softer bond yields prevailed following yesterday's successful auction and light volume weighed on the dollar's tone. The euro traded on a supportive…

The Quantitative Easing Explained video remixed...oh my.

from the BBH Currency Strategy Team The US dollar is softer today after yesterday's disappointing economic data releases stoked a drop in US bond yields. The euro remains choppy with conditions exacerbated by thin trading and gains capped…

This marks the 4th month in a row of falling home prices, and the first negative year-over-year reading since January of 2010. Freddie Mac released their monthly volume summary for November which contained information on seriously…

The role of the criminal justice system with regard to financial fraud by elite bankers in 2011 is likely to reprise its role last decade — de facto decriminalization. The Galleon investigation of insider trading at hedge funds will take…

The Case/Shiller Housing Index numbers were below expectations and confirmed that housing is dipping again after a brief respite. In the video below, Robert Shiller explains what this means for the economy.