Set against the magnitude of credit cycle issues of the moment that indeed have very meaningful implications for what will be the reality of domestic economic outcomes ahead, questions have arisen as to whether we are now facing a relatively run of the mill bear market for equities or perhaps a bear of generational proportion.
Every business day, an estimated $3.8 trillion is changing hands in the vast network of the world’s foreign exchange markets, which never sleeps and is growing by leaps and bounds. The foreign exchange market is the first port of call for global investing...
By Chris Puplava – To say there’s been some blood spilled in the energy pits is an understatement. Since the start of the month, the S&P energy sector is down nearly 16% while the financial sector is up nearly 7.5%, quite the pair...
It always pays to keep a weather eye on the smaller economies which is why I write the Down Under series. They are the canary in the coal mine and the canary is singing today!
Who hasn’t heard of the Federal Reserve’s vaunted interest rate policy group, the FOMC? We’re all aware that this group is constituted of Fed Governors who meet every-so-often and at the conclusion of their meetings, make an “announcement” regarding their target for short term interest rates or the Fed Funds Rate.
Le Tour winds on through the magnificent French countryside after its visit to Italy with no further clarity on the likely winner. Australian Cadel Evans who started the epic as the bookies favourite surrendered the Maillot Jaune, the leader’s yellow jersey on the final slopes of the horrendous climb to the summit of the Alpe d’huez on Wednesday.
A blind kitten is a helpless creature. It cannot even run away. A blind kitten, therefore, is the perfect victim; easy to grab hold of, easy to kill. In terms of political metaphor, Soviet dictator Josef Stalin described his own henchmen as “blind kittens.”
In a bull market, everyone ignores the greed and fraud that runs rampant. No one wants to take away the spiked punch, even after it is perfectly clear that everyone is drunk. The party continues long after any reasonable person might have expected the party to end. Eventually the...
By Chris Puplava – My past three Observations have been devoted to counterbalancing the financial Pollyanna folly that the worst is behind us; this will be the fourth. Foolish commentary abounds in the financial...
