Markets

by Win Thin The won has been one of the worst performers so far today due to developments in the Korean peninsula.  Clearly, North Korea is trying to make a statement to the West with its recent saber-rattling, and reports of the…

Highlights The US dollar is higher as the markets seek safe haven after North Korea fired artillery shells at South Korea and the euro zone jitters continue. With the upcoming US holiday dampening volume the euro continued its choppy…

Randall Wray advises us to support Representative Kaptur's bill and restore the rule of law Every link of the home finance food chain promoted fraud—from mortgage brokers and appraisers who conspired to overvalue property to stick buyers…

by Win Thin Here are some more thoughts regarding the negative Ireland comments by Moody’s that we highlighted in our daily.  The agency warned of “multi-notch” downgrades to its Aa2 rating, noting that the aid plan will “crystallize…

Highlights The US dollar is trading broadly lower as the details of the Irish bailout emerge with Ireland seeking around €95bln in aid. The euro is up versus the greenback after making an early high of $1.378 but subsequent gains were…

The U.S. dollar declined in September and October as the market priced in the likelihood that the Federal Reserve would resume buying Treasuries. From late August through the actual QEII announcement itself, the dollar declined about 7.6%…

Jeff Clark looks at the big moves in silver in the current bull market, and what those moves might suggest about a “safe” price range to re-enter the market. That said, given yesterday’s market action, it would appear that the correction…

by David Galland Dear Reader, Despite not intending to be at the helm today, I found a bit of extra time lying around this morning, and so here I am. In yesterday’s missive, we kicked off with what I hope were some useful thoughts on the…

by Comstock Partners In our view the market, at current levels, is highly vulnerable to a major downturn as a result of negative fundamentals and high valuations. Following is a summary of important factors likely to impact stocks in the…

Highlights The US dollar is broadly lower in anticipation of a joint aid package for Ireland but experienced a quick jolt on the back of the China reserve hike news.  But as the markets digested the news, the hike in reserves is…