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 10, 2010 | Towing
On the eve of an economic summit in South Korea, disturbing signs of discord are emerging over currency valuations and trade between the U.S. and its major trading partners. Failure to achieve an agreement could set off more “c…
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…
by | Nov 9, 2010 | Towing
Sarah Palin, former governor of Alaska, commented on the Federal Reserve’s plan to buy $600 billion of long-term assets, saying that Fed Chairman Ben Bernanke should “cease and desist.”
“We shouldn’t be playing around with inflation,” Palin said in re…
by | Nov 8, 2010 | Towing
The more lenient lending policies enacted by the Federal Reserve last month have so far failed to increase demand from small businesses, indicating that the federal government’s attempts to spur the U.S. economy through more ag…