by | Nov 12, 2010 | Towing
The consumer sentiment index rose to its highest level in five months in November, propelled by a slightly better economic outlook. However, despite the gain, sentiment remains at a low level, and not high enough to suggest a s…
by | Nov 12, 2010 | Towing
Adjusted for inflation, the current stock market hasn’t recovered nearly as much as it seems if you look at only nominal prices. At best, you’ve gained just 3.6%. But more likely, you’re down by some 23%. And if you measure the…
by | Nov 11, 2010 | Towing
As the G-20 meets in South Korea, many world leaders have stepped up their complaints about the Fed’s $600 billion quantitative easing program, as well as the rapid flow of capital into emerging markets. Some countries are inst…
by | Nov 10, 2010 | Towing
If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don’t believe the recession is over. Which side has a firmer grasp of realit…
by | Nov 9, 2010 | Towing
For a host of reasons, when the dollar spikes, stocks drop, and when the dollar falls, stocks soar. Right now, with dollar sentiment reaching maximum bearishness, contrarians are preparing for the next shift. If the dollar rise…