Noted contrarian investor and author David Dreman says a correction is coming for the stock market — but he says investors are best off just holding their ground and riding through it. In an interview with Fox Business, Dreman says it’s too hard to tell exactly when the correcti ... Read more
Friday, November 20, 2009 Lower global equity markets are helping to push the U.S. Dollar higher as investors shun risky assets for a second consecutive day. Traders began getting nervous earlier in the week after Fed Chairman Bernanke mentioned the level of the Dollar in a speech. This ... Read more
November 20, 2009 Euro Traders Sensitive to Efforts to Talk Up Dollar The U.S. Dollar posted a strong gain versus major currencies on Thursday as investors pulled money out of higher risk assets and sought refuge in the safer Greenback. Recent weak U.S. economic data is making trad ... R ... Read more
On this site, we have at times made fun of the findings of various stock market analysts . In the book Managing Investor Portfolios: A Dynamic Process , the esteemed authors discuss some of the traps analysts fall into when making their forecasts. 1) Anchoring trap. The mind gives a ... R ... Read more
G10 Advancers and Decliners vs USD JPY 0.04 EUR -0.02 CHF -0.06 GBP -0.21 Risk appetite stayed weak in the Asian session, after Wall Street closed lower but, overall, most of the trading in currencies and commodities was well in their ranges. The EURUSD traded between 1.4880 ... Read t ... Read more
Massive fiscal problems confront California once again. Let's start with a look at California students hit with 32% hike in tuition .California undergraduates and their parents just got hit with a 32% increase in tuition by next summer. With hundreds of angry students chanting outside their meet ... Read more
Chalk up a rare victory for the little guy (and the nation itself). The Bill To Audit Federal Reserve Passes Key Hurdle In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming ... Read more
Dollar, Yen Gain on Bleaker Economic Recovery Outlook The Dollar and Yen gained against the EUR and other higher yielding currencies Thursday on concerns about the sluggish pace of the world economic recovery. A Decline in equity and commodity prices pushed investors back into the USD and JPY as s ... Read more
It is a special delight to present the following guest post by Sean Rakhimov, editor of silverstrategies.com , who sees first notable moves from institutional investors into the silver sector. The Institutionalized Silver Marketby Sean Rakhimov Where were are The new realities of the pre ... Read more