May 17, 2013
When will the Fed begin to tighten monetary policy and reduce its bloated $3 trillion balance sheet? This is the question which is largely driving the stock markets.
May 15, 2013
Ben Bernanke’s replacement will have to implement a Fed exit strategy to unwind its portfolio of bonds purchased to stimulate the economy.
May 11, 2013
Tea Party members are primarily seniors, who believe in divinely inspired moral absolutes. Next generation voters tend to insist morality is simply based upon personal decision, and identify more with a post-Christian liberal worldview.
May 06, 2013
North Korea’s nuclear missile technology may cause Iran’s one year lag to develop an enriched uranium bomb to dissolve into a present danger.
Apr 19, 2013
When currency exchange rates were firmly fixed, and primarily redeemable in gold, exporters and importers had no need to hedge future purchases denominated in foreign currencies. Unfortunately, circumstances have changed.
Mar 27, 2013
Tuesday, March 26, Dow Jones industrial average rose to record close of 14,559.65 and S & P 500 ended within 2 points of its all-time closing high of 1565.15.
Mar 20, 2013
In marathon 13 hour negotiations, the world powers clarified demands made last month that Iran limit uranium enrichment to 20 percent and put its Fordow underground facility out of service, in exchange for relief from sanctions.
Mar 19, 2013
The seven-minister forum was unveiled on Monday as part of a new center-right government whose “paramount task”, Netanyahu said, is to “stop Iran from arming itself with nuclear weapons.” The cabinet was reduced from 15 in the previous...
Mar 19, 2013
Prior to arrival in Jerusalem on March 20, President Obama has been asserting to Israeli television that Iran is at least a year away from being able to produce a nuclear weapon, and this should be a year of diplomacy to try to halt Iran’s nuclear...
Mar 15, 2013
A parliamentary official says Israeli Prime Minister Benjamin Netanyahu will sign a formal deal on Friday with two leading parties to form a new coalition government.