It's summertime and the livin' is... (fill with adjective best describing your situation.) The European Central Bank (ECB) has gone into a wait and see mode, leaving main interest rates unchanged and forecasting a return to mild inflation after Eurostat had issued a 0.1% deflation figure for June ... Read more

After depreciating consistently over the past few weeks, the USD is now traded over 1.41 against the EUR, and over 1.62 against the GBP. This week on Thursday, at 11.45 GMT, the ECB will deliver its periodical Interest Rates statement. Forecasts show that the number is expected to ... Read the f ... Read more

As we've discussed before, it is much easier to predict a company's operating earnings than it is its net income, due to changes in debt levels, interest rates, non-operating earnings, and one-time tax items which all affect the latter but not the former. When attempting to value a ... Read the ... Read more

I do believe the market is telling us that the USD will fail the [back] test. If today finishes positive, this tells us that Hope '09 may finally be kicking off and the pump is on. How long it will last is another question. I have picked up a couple bull equities in the last couple days in sector ... Read more

The Fed is using all the tools it has available including a threat to buy long dated treasuries to break the downward spiral of the economy. The Federal Open Market Committee kept its interest rate target in a range of zero to 0.25%, as expected. Rates will need to stay close to zero for ... Re ... Read more