Jobs Jamboree results…  A double whack for Treasuries…  The loonie is stealth like…  Oil on the rise…  And Now… Today’s Pfennig!

You may have noticed that most of my articles are pretty in depth and lengthy. A fellow IDE editor recently pointed that out and issued a challenge … “I bet you ten bucks you can’t write a one page essay.”

Weber opens Pandora’s Box…  A record low for Capacity Utilization!  Do I hear a Chicken?  China’s economy grows 6.1%  And Now… Today’s Pfennig!

Treasury Secretary Tim Geithner is taking his sweet time to work out the details of TARP II.  But for all the uncertainty surrounding his plans, we know one thing:  Zombie banks will not be allowed to go under.

Finance officials from Beijing in Moscow on Thursday held a videoconference to discuss the creation of a “supra-national reserve currency,” the latest evidence of the support China is getting from developing countries as it seeks to replace the U.S. dollar as the world’s main reserve currency.

The Fed pulled out its “nuclear” option last week when it announced coming purchases of $300 billion in long term Treasuries (and other similar extravaganzas). This is an act of total desperation.

Gold ticked higher in volatile trade on Thursday, underpinned by improving investment appetite and gains in other commodities such as oil and metals and despite the dollar rising against the euro.

Geithner sends the dollar on a thrill ride…  A failed UK gilt auction…  China set to recover first…  AUD and NZD rally again… And Now… Today’s Pfennig!

Although there’s a veritable laundry list of obstacles that could blunt the U.S. government’s ongoing economic turnaround efforts, its single-biggest challenge may come from its single-biggest creditor – China.

Yesterday, trigger-happy Fed head Ben Bernanke made it clear that he was on a mission to push long-term interest rates down to ‘stimulate’ the economy. This is a chance for you to make up to 17% profits. Let me explain…