Monday, December 15, 2008
Industrial output fell in November as weakness in autos, other industries depressed activity Industrial
output fell slightly less than expected in November as manufacturers
continued to suffer from weakness in autos and many other areas that is
not expected to ease anytime soon.The Federal Reserve reported
Monday that industrial activity dropped by 0.6 percent in November.
Economists expected... [read more]
Sunday, August 24, 2008
Global capital markets remain caught in a tug of war between inflation and economic growth. For most of 2008, the economic growth story prevailed as the Federal Reserve Bank cut interest rates aggressively to cushion the blow from the housing crisis. However, the pendulum soon swung to inflation and the Fed began to worry that perhaps it had lowered rates too far and may in fact need to... [read more]
Wednesday, August 20, 2008
Currency The currency market is one of the most popular markets for speculation due to the enormous size of currency trading and liquidity. Any currency has a value relative to all other currencies in the world. Currency trading has many real benefits over equity trading like the stock market. There are two reasons the relative value of a currency fluctuates. The first is as outside investors or visitors... [read more]
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