Beyond the European Debt Crisis?
I've found some interesting reading material on the European debt crisis. The markets are completely obsessed with this rightly or not. I'm equally obsessed, I have to admit so enjoy these musings…
Is A Bearish Divergence Signal Flashing In Gold?
Is A Bearish Divergence Signal Flashing In Gold?
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Massive Default Is Best Way to Fix the Economy
You want to fix this economic crisis? You want to put people back to work? You want to light a fire under the economy? There's a way to do it. Fast. And relatively simple. But you're not going to…
Strauss-Kahn meets with IMF
Strauss-Kahn meets with IMF Chief and staff members The Washington-based International Monetary Fund (IMF) said Monday that its former boss Dominique Strauss-Kahn paid a visit to the Global lender…
Brazil raises primary surplus target
Brazil raises primary surplus target Brazilian Finance Minister Guido Mantega said Monday that the government will raise the primary surplus target for Y 2011 to minimize the effects of the Global…
Japan Unemployment Rate Rises as Noda Becomes Prime Minister
Aug. 30 (Bloomberg) -- Japan’s jobless rate rose for a second month and retail sales dropped, underscoring the challenge for incoming Prime Minister Yoshihiko Noda in securing Japan’s recovery from…
Industries Prone To Bubbles and Why
A bubble (sometimes called an asset bubble, financial bubble or investment bubble) exists when the market prices of assets in a particular class far exceed those assets' true value. These inflated…
Moody's cuts Japan rating, blames politics
(Reuters) - Moody's Investors Service cut its rating on Japan's government debt by one notch to Aa3 on Wednesday, blaming a build-up of debt since the 2009 global recession and revolving-door…
Layoffs sweep Wall Street, along with low morale
(Reuters) - In early summer, before layoffs began sweeping across Wall Street, billboard-sized photos of employees were plastered on the walls, pillars and elevator banks of Credit Suisse Group AG's…