Markets

by John Lounsbury Buried 72 pages deep in the latest COP (Congressional Oversight Panel) Report is the following table: (Click on table for larger image.) The significance of this table is explained in the report: The…

US Economic data continues to be mixed, with positive ticks in the jobless claims but weak-than-expected inflation and a surge in November’s Philly Fed.  In fact, Wednesday’s core inflation measures were the weakest print since 1958,…

The same guy who gave us the Quantitative Easing Explained video, produced this hilarious take on high frequency trading last year. The Terminator is out to stop it! Enjoy.     Source: malekanoms

Highlights The US dollar is broadly lower in anticipation of a joint EU-IMF rescue for Ireland, reigniting risk appetite and demand for higher yielding currencies, along with commodities.  The euro continued to gain on the dollar,…

Fed Governor Elizabeth Duke predicts at least two more years of foreclosures at current rates and gives specific details about exposures of the current crisis.

by Jeff Clark, BIG GOLD After sporting a testosterone-like surge in price since late July, both gold and silver are taking an ebb from their flow. You may think me mad or even throw a four-letter word my way if you're new, but I'm excited.…

While Ireland, Greece, and Portugal do not have to sell any more bonds this year, Spain, on the other hand, has more three more bond auctions this year and three more bill auctions. Spain seeks to sell up to 4 bln euros of bonds…

Fortune recently did a story on Jim Chanos called "Chanos vs. China" which warrants reading.  Below is the associated video in which you can hear Chanos making the bearish case for China. Chanos is the most unapologetic and…

China reported higher than expected CPI figures (4.4%) last week and many suspect that the official measure understates actual inflation.  There is much concern about the policies that China may implement to contain inflation in…

Highlights The US dollar is little changed as markets start to muse the impact of a possible bailout of Ireland but remain cautious over China’s intended tightening, which continues to weigh on commodities and overall risk…