Fox Lake Towing and Recovery

Tag: Dollar

Will the Economic Recovery Slide on $90 Oil?

by on Jan.23, 2011, under Towing

The U.S. economy is gaining steam. But will high oil prices derail the recovery?

As crude prices keep inching upward, the threat to both the U.S. and global economy is clear. While OPEC says don’t blame us, the Interational Energy Agencys says: “This is a wake-up call to the oil-consuming countries and to the oil producers.”

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Will the Economic Recovery Slide on $90 Oil? originally appeared on DailyFinance on Sun, 23 Jan 2011 08:30:00.

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Currency Wars Are Heating Up Across Latin America

by on Jan.11, 2011, under Towing

They’re gearing up for a potentially damaging round of currency interventions to help keep their economies competitive, especially against China. Says Brazilian Finance Minister Guido Mantega: “This is a currency war that is turning into a trade war.”

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Currency Wars Are Heating Up Across Latin America originally appeared on DailyFinance on Tue, 11 Jan 2011 06:30:00.

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If These Big-Name Investors Are Right, Brace for Rising Rates

by on Jan.07, 2011, under Towing

Warren Buffett

When pros like Warren Buffett and Goldman Sachs start making moves predicated on the expectation of higher rates, investors best take note. The impact of higher rates would be widespread, especially on so-called safe havens like Treasury bonds and gold.

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If These Big-Name Investors Are Right, Brace for Rising Rates originally appeared on DailyFinance on Fri, 07 Jan 2011 06:30:00.

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A Rising Dollar and Cooling China Will Pop the Commodities Bubble

by on Jan.06, 2011, under Towing

The dollar is looking mighty attractive, thanks to a reviving U.S. economy and eurozone woes, and it will only get stronger as traders who gambled that it would fall buy dollars to unwind their bad bets. Add in China’s desperate need to get its overheated economy in check, and commodities prices look like they have nowhere to go but down.

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A Rising Dollar and Cooling China Will Pop the Commodities Bubble originally appeared on DailyFinance on Thu, 06 Jan 2011 10:00:00.

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What Ron Paul Wants: A Quartet of U.S. Currencies

by on Jan.03, 2011, under Towing

According to two Paul supporters, the Texas Republican isn’t ready to go directly back to the gold standard. Instead, he wants to keep the dollar and add three more currencies. Those would be based on gold, silver and copper.

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What Ron Paul Wants: A Quartet of U.S. Currencies originally appeared on DailyFinance on Mon, 03 Jan 2011 09:30:00.

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