August 12, 2009 @ 11:45 pm | Leading Indicators |
Inquiring minds want to know: Will all the moving parts in the Federal Reserve’s Open Market Committee press release of August 12 net out as good or bad for the dollar? The answer is important to more than just currency traders: the dollar is likely to be the...
August 11, 2009 @ 11:15 pm | Breaking News, Leading Indicators |
At a little after 2 p.m. on Wednesday August 12 the Federal Reserve will be either naughty or nice. From Wall Street’s perspective, anyway. Naughty, according to Wall Street, would be a press release that confirms the Fed’s view that the economy is in a...
July 17, 2009 @ 9:55 am | Breaking News |
To make money off inflation you need to get both the direction and the timing right. Get the direction wrong—buy gold, on a bet that inflation is climbing when inflation is actually falling, for example—and you lose money. Get the timing wrong—buy gold, again on a bet...