by | Jan 24, 2011 | Towing
For the past two years, the relationship between the dollar, stocks and gold was strong. When the dollar dropped, stocks and gold rose, and vice versa, nearly all the time. But since New Year’s Day, that link has completely van…
by | Jan 24, 2011 | Towing
After years of exhorting China to increase the value of its yuan, the currency is finally rising. Why that’s so is the result of the Fed’s quantitative easing program. Here’s how Bernanke managed to succeed where political wran…
by | Jan 23, 2011 | Towing
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 t…
by | Jan 14, 2011 | Towing
China’s economy is booming, and Western nations are increasing their demands that its currency be allowed to rise to its natural value. Who knows if that will happen, but if you want to bet that it will, the Bank of China just …
by | Jan 13, 2011 | Towing
The Federal Reserve is doling out billions to buy bonds in hopes of keeping interest rates low and stimulating the economy. However, several powerful forces are working against that low-rate strategy, ranging from investor psyc…