The U.S. Dollar rallied following the release of a better than expected existing home sales report and never relinquished its gains. The rise in the Dollar following the release of good economic news is another sign that investors are returning to watching traditional fundamentals for direction. Gains are being limited this week because of thin holiday trading.
Recovery(less) Economy: The Taxpayer Should Have Been Time Magazine’s Person of the Year for 2009
Who saved the economy? Ben Bernanke or the taxpayer? More importantly, was the economy saved?
A few days ago Time Magazine put Bernanke on its cover and announced that he was the person of the year for 2009. But what about the taxpayer? Should not the taxpayer be the person of the year? Because, after all, it is the taxpayer who will pay for Bernanke's trillion 'bailout' dollars.
In the last several trading days, I've been watching the dollar strengthen, which, if you've been reading my articles, doesn't make a lot of sense -- at least not on the surface. The Fed (and every other major central bank) is creating currency and easing credit more than ever in history, and that, by definition, is inflationary.
The Definitive Guide To Inverse Gold ETF Investing
Gold is often referred to as a “safe haven” investment, reflecting its tendency to rise in times of economic uncertainty. While there is no shortage of “gold bugs” that buy and hold the metal for extended periods of time, there are countless investors who trade gold quite actively.
Reasons Why Investing in Film May Help Boost the US Economy & Create Jobs
With the nation on the brink of economic collapse, Wall Street panic at an all time high, and hedge funds and financial institutions disintegrating, New York based Elliott Associates has parked an additional $1 billion into Ryan Kavanaugh's Relativity Media which will finance a large slate of Universal Pictures' films over the next few years.
Definitive Guide to BRIC ETFs: BRIC ETF Investing 101
Has the Market Already Made the High for the Year?
Market followers love to make timing predictions. They come in all time frames and flavors:
•The market has made the high for the day, and will now trade down. Or the opposite.
•This is the bottom. Or the top.
•We have seen the highs (or lows) for the year.
•Or when the Dow was at 9500, would we see 10000 before 9000?