Economists Are Now Warning Of A Triple-Dip Recession In The UK
LONDON (Reuters) - Britain's economy shrank more than expected in the last three months of 2012, coming closer to its third recession in four years, after lower output from the North Sea and...
View ArticleJapan's Trade Deficit Points To Two Big Global Risks
European talking heads have reassured us on an hourly basis that the worst of the debt crisis is over. But the Japanese trade deficit, a measure of reality, not words, tells a different story about the...
View ArticleGreat Graphic: Yen Since Onset of the Financial Crisis
This Great Graphic, created on Bloomberg, shows the US dollar against the Japanese yen since the beginning of the financial crisis. The dollar fell almost 40% from the peak in 2007 until the low in...
View ArticleMicrosoft, HP & Amazon Will Be The Next Tech Firms Taken To The Woodshed
Apple welcome to the world of “Commoditized Products”The luster is finally falling off of Apple, and in the end they were just a hardware provider, who provided products which will easily be...
View ArticleFiscal Cliff ETF Rally Still Hot
Almost as soon as the confetti stopped falling on election night, the popular news media began focusing almost incessantly on the fiscal cliff that would occur on December 31 of 2012. A combination of...
View ArticleChina's Netizens Have Launched 'Operation Empty Plate' To Reduce Waste
The Sinocism newsletter is compiled by Bill Bishop, and republished here with permission. Be Informed About China. The Sinocism China Newsletter. Free.The "older house sister" is getting massive...
View ArticleHigh Oil Prices Are A Bigger Problem Than You Realize
There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has shown that 10 out of the last 11 US recessions were...
View ArticleWhy Experts Are Praising Turkey's Gold Policy
AMID the brouhaha over Germany's gold reserves at the Bundesbank, there's another central bank using gold actively to bolster its currency and financial stability.The strategy looks the same – sitting...
View ArticleScam complete: the US government takes a page from Diocletian’s book…
January 25, 2013 Guayaquil, EcuadorEarly in the 4th century, Emperor Diocletian issued an infamous decree to control spiraling wages and prices in the rapidly deteriorating Roman Empire.As part of his...
View ArticleGold and Silver Outlook for January 25
The prices of silver and gold changed pace yesterday from their slow movement at the beginning of the week and tumbled down. Following yesterday's fall, any gain recorded in precious metals from...
View ArticleThe Market's History Of Seasonality Continues!
Once again the stock market’s favorable season is producing an impressive rally. The Dow has gained more than 10% since its November low, with the rally accelerating in the new year, a 7% gain in just...
View ArticleDaily Interest Rate Monitor – January 25
(click here if table is not observable) Read more posts on Global Macro Monitor »Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
View ArticleVenezuela Is Struggling With A Historic Food Shortage
Miriam Villae never knows what she'll find on the shelves of her grocery store in the Venezuela capital these days. Chances are it's not much.As the oil-rich country grapples with the highest food...
View ArticleU.S. Equity Sector ETF Weekly Performance – January 25
(click here if charts and table are not observable)Read more posts on Global Macro Monitor »Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
View ArticleWeekend Lecture: Google’s Eric Schmidt
Eric Schmidt, executive chairman of Google, is interviewed by Daniel Franklin, executive editor of The Economist and editor-in-chief of “The World In…” publication, at The Economist’s World in 2013...
View ArticleDaily ETF Roundup: S&P 500 Tops 1500
After yesterday’s Apple (AAPL) upset, investors sentiment picked up after a round of better-than-expected earnings report. Bullish momentum was back in full force, pushing major indexes to record...
View ArticleThe Fed's Presence In The Markets Is Pretty Clear
There has been an burst of exuberance as of late as the market, after four arduous years, got back to its pre-crisis levels. Much has been attributed to the recent burst of optimism in the financial...
View ArticleA Point-By-Point Refutation Of The Treasury's List Of Tim Geithner's...
Today is the last day that Tim Geithner will be Treasury Secretary. The Treasury Department has a blog post that highlights Tim’s contributions. Coming from his co-workers, you’d expect fluff and...
View ArticleLessons in Hubris from the Herbalife Spectacle
“I beseech thee, in the bowels of Christ, think it possible you may be mistaken.” ~ Oliver Cromwell, to the General Assembly of KirkIt’s interesting when traders (and investors) blow up. Sometimes you...
View ArticleGermany Is Delusional About The Effects Of Moving Its Gold
Germany’s gold is on the move.For the first time since official gold transactions became more transparent, the Bundesbank has given notice that a significant portion of its holdings will be transferred...
View Article