Saturday, December 13, 2008
During the investing bizzaro world that has been 2008, the phrase "perfect storm" has been used to describe unanticipated market events
more often than Cramer has declared "Boo-Yah!" on CNBC's Mad Money. I
didn't mind the metaphor's use back in September 2007, when Lehman
began bursting into flames, but 15 months later... Investors should
accept that multiple unforeseen and detrimental events can... [read more]
Wednesday, December 03, 2008
US Dollar Holds To Wide Ranges, ISM Services Forecasted to Hit Record Low on Wednesday
The US dollar remains within the range it has held to since the start
of November, and for what it’s worth, day-to-day moves signal little
more than consolidation.
While it is possible that we will see a sharp correction lower in the
near-term, the long-term trend remains very much in favor of US dollar
strength... [read more]
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