![]() | There are 3 reasons I believe this week’s trader temperature is risk averse. » Read more |
![]() | While the White House and Treasury were tinkering at the edges of reforming the financial system and paying lip service to Paul Volcker and others who urged a serious overhaul, Senator Chris Dodd of Connecticut was assembling financial regulation that goes a long way towards really tackling the excesses which led to last year’s crisis. » Read more |
![]() | This recession isn’t to be taken lightly. But even though the airline industry is evolving, demand for air travel will rebound and increase. When it does, we will need the infrastructure in place to meet that future demand. » Read more |
![]() | The US is not going to actively intervene to support the US dollar, but merely try to shape it's domestic policies to ensure a strong dollar. A free floating currency acts as a stabilizer to an economy. » Read more |
![]() | California is flirting with car insurance paid at the gas pump, so you’re actually paying based on how much of highway system you use—and how much carbon you pump into the air. Allstate, State Farm and Progressive are considering the idea. » Read more |
![]() | US Treasury Secretary Tim Geithner has been hitting the air waves and the editorial page during his trip to the APEC conference in Singapore. From Bloomberg to CNBC, Geithner has been consistent in stating that it's very important the US maintain a strong dollar. However, he is advocating the opposite for the Asia-Pacific nations. » Read more |
![]() | Last week consumer credit for the month of September was reported and fell by -$14.8 billion. That marked the eighth consecutive month the consumer pulled in his/her horns. Consumers apparently continue to believe they are too highly leveraged and are working to pay down debt. » Read more |
![]() | As we look ahead to this winter, the latest forecast from the International Research Institute for Climate and Society (IRI), is calling for a cold winter in the Eastern U.S., down through east Texas, a normal winter in the Midwest, out through the Rockies and into California, but a warm winter through the Pacific Northwest and Plains and through all of Canada, writes Stephen Schork. » Read more |
