Dollar Set to Rise Again

The Federal Reserve will be making an announcement today. The world is waiting with baited breath (at least feigned) to decide whether the bubble busts or it continues to grow in size as Ben Bernanke decides to cut back and taper quantitative easing or continue down the narrowing road that will turn the Federal Reserve…

Bankers: Do not Pass GO, Do Not Collect millions and Go Directly to Jail!

A new banking report is published today in the UK. There are jobs that nobody wants to do really, aren’t there? As your kids are growing up, you hope they don’t ask you one day to come and sit down as they have something serious to talk to you about. Dread! You know what’s coming:…

Stock-Market Crashes Through the Ages – Part III – Early 20th Century

The 20th century could be categorized as THE century when communications took off and we started living in each other’s pockets. Lives had been ruined by war, trouble and strife. Wealth had been redistributed beyond belief. There were no longer just a few that were making the profits, but there were growing classes of people…

FOMC June Policy Meeting Preview

WHEN Wednesday 19 June 2013 19:00 BST: US FOMC rate decision (Jun) 19:00 BST: US Federal Reserve to release summary of economic projections 19:30 BST: Press conference with Fed chairman Ben Bernanke WILL THE TAPERING DEBATE BE SETTLED IN JUNE? Since Bernanke’s testimony to congress on 22 May markets have become jittery, and volatility has returned with a vengeance as…

Obama on Bernanke: Thanks for Coming. Now it’s Time to Go!

President Barack Obama stated yesterday that Federal Reserve Chairman Ben Bernanke has stayed in his position “longer than he [Bernanke] wanted”. Some will be probably agreeing with Bernanke (and Obama) more than he might have expected after having said that. Although he should have stopped short of adding (for fear of hurting Helicopter Ben’s feelings?)…

Spying! China Condemns US: That’s Rich!

China! Honesltly, it comes to something when China jumps on the accusatory band-wagon asking the US administration to provide some comments about its monitoring programs and answer up to the international community. So, I guess China is now the defender of the faith! That’s rich! Well, it takes all sorts to make a world. They…