Jun 17, 2013
America is entering a sectarian war that is already spreading beyond Syria’s boundaries. On the one side is a Sunni Muslim front, led by Saudi Arabia, backing the rebels. On the other is a Shia front, led by the Saudis’ sworn enemy Iran.
Jun 14, 2013
President Obama approves military aid for Syrian rebels, deepening U.S. involvement in bloody civil war. Use of chemical weapon by the Syrian regime crossed a ‘red line.’
Jun 13, 2013
Federal Reserve Chairman will testify before House Financial Services and Senate Banking Committee.
Jun 13, 2013
It it is unlikely that either the Fed or the Bank of Japan will start reining back on their stimulus measures now. However, investors appear to have decided the mere prospect of an exit strategy is enough reason to pull money off the table.
Jun 12, 2013
A number of Federal Reserve officials were willing to slow down the pace of asset purchases as early as the June FOMC meeting if data continued to improve, according to the minutes of the May policy meeting.
Jun 07, 2013
Friday’s non-farm payroll data for May shows the economy is still soft. The FOMC is likely to continue asset purchases of $85 billion month into 2014. This will increase the monetary base at the rate of $1 trillion per year.
Jun 04, 2013
President Obama said, “Iran is a tiny country, and is no threat to us”. Iran’s land mass is 636,375 square miles and is the 17th largest country. It has 523,000 personnel in active service. The U.S. has 500,000 in active military duty.
May 28, 2013
Israel has agreed to wait until after Iran’s June 14 presidential election. However, Iran’s enriched uranium has reached Netanyahu’s red line, and Iran is about to activate a plutonium plant at Arak.
May 22, 2013
Fed is prepared to continue quantitative easing, and create the next bubble.
May 21, 2013
Markets look for clues of bond purchase tapering exit. However, without quantitative easing holding interest rates down, the federal government would face a debt crisis