Commodities
Oil: The Economy’s Leading Indicator
Thursday’s nasty sell off appears to be bleeding into today. Of course, TradeMaster technical analyst Jason Cimpl had us prepared for more declines today with his excellent video chart… Read more
Foreclosures Hitting Prime Mortgages and Banks
The Third Quarter is getting off to a rousing start. Economic data for the day is generally good – manufacturing shrunk less than expected and pending home sales rose… Read more
Liquidity Programs and Opportunity Costs: U.S. Loss and China’s Gain
Yesterday, the Fed scaled back two of its liquidity-providing programs and announced it would let a third one expire on July 1, 2009.
Each program was designed to… Read more
VIX Showing Greater Uncertainty
Summer doesn’t officially start for a few more days. Tell that to the parents who are now getting their kids off to camp or getting ready for vacation. For… Read more
How Bernanke and Geithner String Along the Rally 24/7
Bravo. The government’s handling of the financial crisis and recovery should be recognized as a masterful performance. At least, so long as you don’t look too deeply into the… Read more
Travelers (TRV) replaces Citigroup (C) on Dow
Perhaps you’ve heard the phrase "the sins of the father shall be visited on the son." Well, here’s a case where that’s definitely not true:
Yesterday, The Travelers (NYSE:TRV)… Read more
North Korea Missile Test Dampens Asian Markets
I hope every one had a fun and relaxing Memorial Day weekend. Pools are open, school is winding down, and summer is almost here.
There were some fireworks over the… Read more
Greenspan and China Both Need to Be Quiet
One of the architect’s of the financial crisis issued a warning that banks … Read more
Geithner’s PPIP Comes Back to Reward Investment Banks
I was starting to think that Treasury Secretary Tim Geithner was secretly hoping that everyone had forgotten about his plan to remove toxic assets from bank balance sheets. But… Read more