2011

By Edward Harrison American politicians and citizens alike have no clear vision of the costs of a seemingly perpetual trillion-dollar annual deficit. Policy stimulus is focused on maintaining current consumption as opposed to making…

By Claus Vistesen Just before we turned the clock on 2010 I commented on the recent increase in US yields and noted the following simple issue; How investors perceive and interpret will determine great many things; is it a reflection…

Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and "The Coming Collapse of the Municipal Bond…

by Marc Chandler One of the market developments that is capturing the imagination (and wallets) of investors is the rally in commodities. As an example, since late Aug '10, when Fed Chairman Bernanke seemed to signal QEII and US economic…

by Win Thin Chile peso is the worst performer today vs. the dollar, down 5% after the central bank announced plans to buy $12 bln in order to weaken the currency. The bank plans to buy $50 mln a day from January 5 to February 9, with…

Gallup released a poll today showing where the most jobs are being created in the US. It is in the Midwest. The graphic below demonstrates.   Overall 29% of employees polled by Gallup said their company was hiring while only 19%…

I have just finished reviewing Byron Wien's Ten Surprises for 2010. Now, I present you Byron Wien's Ten Surprises for 2011. He is bullish again. Enjoy.   -Byron R. Wien, Vice Chairman, Blackstone Advisory Partners, today issued his…

Byron Wien had a stellar record in 2009, accurately predicting the effect of a rather robust second half recovery across a broad range of markets. However, Byron Wien's Ten Surprises for 2010 were well off the mark. Before we review I will…

The PMI Index for the December 2010 Manufacturing ISM Report On Business® released this morning increased to 57.0% from 56.6% in November. With 50 seen as the demarcation between expansion and contraction, the report shows a manufacturing…