by | Nov 8, 2010 | Towing
The U.S. finds itself on the wrong side of the currency manipulation argument this week, as many G20 countries criticize the Fed’s $600 billion bond buying plan, which could further devalue the dollar. World leaders say the mov…
by | Nov 5, 2010 | Towing
China and Germany, the world’s second-largest and fourth-largest economies respectively, expressed concern about Federal Reserve plans to pump $600 billion into the U.S. economy.
The Fed announced plans to buy $600 billion of assets earlier this week…
by | Nov 4, 2010 | Towing
Intended or not, the Fed’s quantitative easing policies are destroying the dollar’s value. That’s pushing prices of commodities that Americans need — such as food, cotton and oil — ever higher. And it hurts companies as well …
by | Nov 2, 2010 | Towing
In Asia on Tuesday, Hong Kong’s Hang Seng Index rose 0.1%, China’s Shanghai Composite inched down 0.3%. and in Japan, the Nikkei 225 crept up 0.1%. Investors are closely monitoring the U.S. midterm elections, with many predicti…
by | Oct 23, 2010 | Towing
Analysts lately have loudly proclaimed the end of the dollar, leaving investors looking to stay ahead with a choice of betting on stocks, which have 17% fallen in the last decade, or staying “safe” in very low-yield money marke…