President Obama took his declining dollar to the Asia-Pacific economic conference, and he added to it a declinist opinion of America’s economy. His big message? Don’t count on American consumers to lead the world from recession to recovery and beyond. His second big message? In the U.S., we ... Read more

November 18, 2009 Dollar Manages to Hold on to Gains The U.S. Dollar managed to close higher today despite late session attempts in New York to erase earlier gains. This is strong evidence that most of today’s rally was due to short-covering rather than fresh buying. Comments from ... ... Read more

Banking analyst Meredith Whitney rattled the markets yesterday when she told CNBC that the U.S. is likely to fall back into recession next year , and said stocks are overvalued. “I haven’t been this bearish in a year,” said Whitney. “I look at the board and every single ... Read more

Welcome to Jay Norris’ Forex Trend Maps, a recap of the Forex Markets daily, posted after 4:30 PM (CST). For more information, please contact Jay at 1-800-971-2154 or at 312-896-3986. Click on the link below to view today’s charts and hear Jay’s analysis. http://www.scr ... Read more

This evening at 7pm ET: OBAMA'S CHINA VISIT CNBC chief Washington correspondent John Harwood will join us live from China. THE DOLLAR Obama gets an earful on easy money. Panel: *David Malpass, president of Encima Global LLC *CNBC’s Rick Santelli *Peter Navarro, author of "T ... Read ... Read more

| Peter Klein | A reader objected to my recent portrayal of Keynes as a crank, as a man who never really studied economics or took it very seriously. Note that I never denied Keynes’s intellect, his great skill as a rhetorician, or his personal charm. But Keynesian economics is, in ... Read more

While stocks are up some 60% from their March lows, author and Wharton Professor Jeremy Siegel says the rally is “far from exhausted”. In his column on Yahoo! Finance, Siegel says that stocks may appear to be overvalued using 2009 projected earnings per share. According to those ... Read more

Yesterday Dallas Federal Reserve President Richard Fisher threw a little cold water on the V-shaped recovery madness everyone seems to be buying into these days. Please consider Fed's Fisher: GDP Growth In Third Quarter Likely Lower Than Reported .Speaking at a conference in Tyler, Texas, Fisher ... Read more

Home Depot (HD) and Lowes (LOW) all announced much weaker revenues. Home Depot is down 8% and Lowes is down 29.5%. Both are cutting costs and probably doing everything imaginable to salvage the situation. Economic headwinds continue at gale force levels. They will soon realize they have more capacit ... Read more

Canadian Solar (CSIQ) reported improving results and would have you believe that the trend is up and away. After all we are solving the world’s energy crisis. What they do not point out is that despite the corporate name they hardly have any operations in Canada. Most of their revenues come from E ... Read more