2010

by Michael Hudson, President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of…

by Win Thin Here are some more thoughts on Fitch’s downgrade of Ireland to A+ from AA- with negative outlook kept in place.  Of course, we view the Fitch downgrade as completely justified, and look for further cuts ahead as our model…

Mexico is taking advantage of the investment climate and the near insatiable demand for emerging market credits.  The peso may also benefit from actions by other countries, from Brazil to South Korea taking actions to deter hot money…

Because of US and European pressure Beijing may allow much faster appreciation of the renminbi than it likes over the next year, but this will almost certainly be accompanied with policies that reduce the adverse employment impact. In my…

Highlights The US dollar is mostly softer in quiet trading.   Yesterday’s momentum has largely faded, but the beleaguered greenback still cannot sustain even modest upticks.  In recent days, a number of Fed officials that…

By Kevin Brekke A news item warranting special mention went largely unremarked on in the media last week. On Monday, Sept. 27, the Financial Crimes Enforcement Network (FinCEN) announced that it had “submitted for publication in the…

by David Galland Acting in my role as master of ceremonies at the Casey’s Gold & Resource Summit, I asked the faculty this question on more than one occasion. The answer is quite simple and has been discussed in previous editions of…

Gross says that Pimco is looking to high growth economies for both bond and equity plays. The key for them is not to play the liquidity seeking return trade (like 100-year Mexican paper). Rather they want to find low volatility, high return…

David Tice, chief portfolio strategist for bear markets at Federated Investors, talks to Bloomberg about the outlook for the U.S. economy and stock market.  He is expecting to see signs of a `Double Dip' Recession.  He also…

By Win Thin, Global Head Of Emerging Markets Strategy, BBH Here are some more thoughts on Moody’s actions today. In general, Moody’s has been too soft on Europe and so putting Ireland’s rating on review for possible downgrade (just like…