Forex: U.S. Fiscal Deal Fuels Risk Appetite- EURUSD Losing Momentum
Market sentiment firmed up coming into 2013 as U.S. lawmakers increased their efforts to address the public deficit, and the short-term resolution may continue to dampen the appeal of the reserve...
View ArticleBest And Worst All-ETF Portfolios In 2012
Major equity indexes clinched gains during what many would characterize as a “roller coaster” year; the S&P 500′s upward trajectory was interrupted on several occasions by everything from Greek...
View ArticleLight at the End of the Tunnel for Gold
Intuition was telling me something was going on these past few days (of 2012) in the gold market. Our investment team was watching gold and gold stocks take a tumble for no obvious reason. It wasn’t...
View ArticleWashington Squanders its Gift of Time
By: John Browne Monday, December 31, 2012 As the clock winds down on 2012, the Fiscal Cliff is all anyone seems capable of discussing. Right now it appears that some sort of narrow deal has just...
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A Big Drop In The Unemployment Rate May Be Coming
Consumer confidence dropped during December as measured by both the Consumer Sentiment Index and the Consumer Confidence Index. I track the average of the two measures. The resulting Consumer Optimism...
View ArticleWhat's the Hurry? What's the Worry?
While elated that the full 3.5% US fiscal drag was avoided, many observers are understandably dissatisfied with the fiscal compromise that was struck. Marianne Faithfull's song "What's the Hurry" may...
View ArticleYou Can't Starve The Government Spending Beast, But You Can Make It More...
CAMBRIDGE – As the world watches the United States grapple with its fiscal future, the contours of the battle reflect larger social and philosophical divisions that are likely to play out in various...
View ArticleInflationary Illusions in Real Estate
Real estate, and the careers that depend upon it, is a boom-bust business in the age of inflation. The illusion of wealth is everywhere..until it is snatched away.That’s why it’s a great time for David...
View ArticleThoughts from economics writers on politics
Mark Thoma has put together his some thoughts of his as well as Bruce Bartlett, Brad DeLong, and Paul Krugman. I think it is worth a scan. Bruce Bartlett on President Obama as 'an old time Republican'...
View ArticleQuote of the Day: U.S. Leadership
The hedge fund great weighs in on the Fiscal Cliff Deal.“No crisis, no leadership.”- Leon Cooperman, Omega AdvidorsCNBC, January 2, 2013Read more posts on Global Macro Monitor »Please follow Money...
View ArticleSCOTUS Chastises Congress and the Executive Branches
by run 75411SCOTUS Chastises Congress and the Executive Branches A pencil and piece of paper was all Clarence Earl Gideon needed to state his case of being denied council in court after being accused...
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Alternative Currencies To The Euro Are Springing Up All Over Greece
It's been a busy day at the market in downtown Volos. Angeliki Ioanitou has sold a decent quantity of olive oil and soap, while her friend Maria has done good business with her fresh pies.But not a...
View ArticleQuarterly Outlook
Fiscal issues dominated the last few weeks of 2012 and are likely to provide headlines during the next several months as well. Therefore, it’s worth contemplating what it means for investors. Following...
View ArticleBowles and Simpson Weigh In – Leaders Need “Courage”
Erskine Bowles and Alan Simpson weigh in on deal with their just released statement. The upshot leaders need to show more courage to tackle tax reform and entitlements.For Immediate Release Date:...
View ArticleCool Video: Big Bang and the First Lighht
Here is a Cool Video that explains the Big Bang and the earliest light. A tip of the hat to Maria Popova's Explore blog for finding the Minute Physics channel on YouTube. Read more posts on Marc to...
View ArticleMore Quantitative Easing Means More Cash Is Flowing Into The Emerging Markets
The “year of the dragon” in 2012 certainly didn’t disappoint, as the global markets battled one financial dragon after another. From the Eurozone’s sovereign debt crisis to persistently high...
View ArticleHarry Reid Throws Down the Gauntlet In Front of … Obama. Hurray.
Obama pushed forward despite strong reservations expressed by top congressional Democrats — especially Reid — who privately described it as a "bad deal" that would increase Republican leverage in...
View ArticleWeekend Lecture: Antifragility
Short, sweet, and social for the millennials this weekend.Essayist Nassim Nicholas Taleb on how we can benefit from disorder. - AlJazeeraEnglish(click here if video is not observable)Read more...
View ArticleRick Santelli Is Right!
By EconMattersToday on CNBC during the coverage of the monthly employment report, Rick Santelli pointed out that there is some absurdity in calling the Republicans “lunatics” when they are the only...
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FIRED: Former Head Of The Federal Reserve Bank Of New York's Open Markets
NEW YORK (Reuters) - Brian Sack, the former head of the Federal Reserve Bank of New York's open market operations who for the last six months served as a senior policy adviser, is to resign effective...
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