While most of the world’s central banks are still fighting the last war, Sweden’s Riksbank has moved on to the next one. Rather than looking at conventional inflation gauges, the world’s oldest central bank is basing its action…
Gold is on a record bull run, up from $328 in 2002 to $1,375 an ounce today. What caused that steep rise wasn’t any inherent increase in gold’s value to society, but a clever marketing scheme that allowed it to be traded easil…
Republican leaders may be worried about the Federal Reserve’s second round of quantitative easing, but the stock and credit markets are delighted: They’ve improved significantly since the plan was announced. But can the rally b…
Republican leaders may be worried about the Federal Reserve’s second round of quantitative easing, but the stock and credit markets are delighted: They’ve improved significantly since the plan was announced. But can the rally b…
Everyone now knows that real estate values were inflated in a massive bubble a few years ago. While that’s clear in hindsight, it raises the disturbing question: What other assets could be in a bubble right now? The experts we …