![]() | It is good to remember that we are in an age of “faster and faster forward” acceleration and cycles can compress. Moves in these markets happen with greater speed, and often with violence. » Read more |
![]() | On his "60 Minutes" interview last week, Ben Bernanke was asked what kept him up at night. Interestingly he didn't say Citi, or deflation, or the TARP and TALF plans. What keeps him up is the fear "that we don't have the political will. That we don't have the commitment to solve this problem." » Read more |
![]() | Welcome to the world of the fluctuating U.S. dollar. After gathering considerable strength against the euro for many months, the greenback reversed course last week with the most dramatic valuation swing in years. » Read more |
![]() | You have to figure that Ben Bernanke disagrees with GE's economic outlook. Or why would he have unleashed the Fed's balance sheet as he did in yesterday's surprise move, asks Vince Farrell. » Read more |
![]() | Last night on the Jay Leno show, we had the first US President ever making an appearance on a late night comedy show. Jay Leno did his best to be a serious interviewer and asked questions about AIG and the economy. » Read more |
