From fiscal policy to energy policy to foreign policy, the Bush Administration has committed one gaffe after another, and the futures markets have been quick to react, with devastating economic consequences. Read on.....

Nixon and his advisors thought inflation at 4% was serious enough to institute price controls. Headline inflation in the US is now 4.2%. What kind of economic policy should we pursue to bring inflation back into the Fed's comfort zone of 1-2%? Would it work and would it be worth the pain?

"It is getting much more expensive to find Oil these days."

While it is true that it is getting more expensive to find oil, one has to examine whether that increase is of a permanent nature as many argue.

U.S. consumers barely had time to get used to the idea of $4 a gallon gasoline before prognosticators started talking about $5 a gallon fuel. And unfortunately for the U.S. economy, the worst is yet to come.

Crude oil rose more than $3 a barrel and gasoline surged to a record after an Energy Department report showed that U.S. supplies of the motor fuel fell a third week

The irony is that the very people who are benefiting from higher oil prices - government funds in the middle-east - might be investing in oil futures via hedge funds and further contributing to the price hike, which benefits them even more.

Oil importing countries must give a deep think to their oil barrels. Their business with oil must be apt and precise.

The quant investor has three main reasons why you should get into the Mexico Equity and Income Fund:

1. On Friday, the discount to NAV was over 16% which is well above the average range for the last year.

2. Shareholder Friendly: The closed end fund activist, Phil Goldstein, sits on the board of MXE.