Commodity Prices
Dubai: Crisis Averted?
Speaking of debt, AIG (NYSE:AIG) is actually paying back some of the $180 billion it owes the U.S. government. The company announced today it’s paying back $25… Read more
Back to the Grind
The big news from Friday was the potential default from Dubai’s sovereign wealth fund, Dubai World. There can be no doubt that Dubai is a poster child… Read more
From Export to Import
Goldman’s chief Latin America economist, Paulo Leme, called it unnecessary roughness. He was referring to the Fitch Ratings Agency downgrade for Mexican foreign debt…. Read more
England’s $325 Billion Problem
The U.K.’s opposition Conservative Party leader David Cameron has been railing against Prime Minister Brown’s stimulus policies. But Cameron saw his lead in popularity polls take a… Read more
Europe to Enter Double Dip Recession that Hurts U.S. Investors
It’s been my opinion lately that economic recovery in the U.S. is very much in the hands of foreign governments. The basic theory goes like this: the… Read more
Current P/E Ratios May Be Misleading
As we came into earnings season, it seemed clear that analysts were far too pessimistic with their estimates for earnings. Yesterday, Bloomberg reported that 81% of corporations… Read more
Continuing to Find Opportunity in China
We’ve landed in
Gold Breaks $1,000 in Early Trading
Some selling early last week got the bears excited that the imminent crash they’ve been expecting was finally at hand. But once again, the Cash for Clunker Stocks Rally… Read more