All Posts Tagged With: "us treasury"
June Inflation Highest in 27 Years
Even the government’s fuzzy numbers showed record consumer inflation in June, up 0.8 percent, the most since February 1981.
Congress Berates, Rebukes and Ridicules Executives from Five Major Oil Companies
Gas prices hit another record high. Soaring food prices ignite riots the world over. It should come as no surprise that a 71% increase in food prices since 2006 has the good citizens of South Africa, Morocco, Egypt, Ethiopia, Bangladesh and Mozambique up in arms.
Touching Naivete
The naivete of Washington’s chosen puppets in Baghdad is touching, just touching.
Inflation´s Back: Embrace the Madness
Folks have three things on their minds this weekend: food prices, gas prices and Kimbo Slice. In other words, consumer sentiment hits 28-year lows and the only relief in sight is pure, unadulterated violence on CBS.
On the Soapbox Again
Big Ben signaled to the markets that he was ‘uncomfortable’ with the weakness of the dollar, and the ramifications that a weak dollar has on inflation. He actually blamed the weak dollar on inflation! Whoa there partner! You’re barking up the wrong tree!
‘Credit Crunch, What Credit Crunch?’ says US Treasury
Actions taken by the Federal Reserve to calm financial markets and ease the housing crisis are working, a US government official claims.
“Markets appear to be gaining confidence and the availability of credit has improved modestly,” Clay Lowery, the Treasury’s assistant secretary for international affairs, told Bloomberg. More from that story:
The Fed’s interest-rate cuts and a government economic stimulus package have helped to ease market turmoil and support consumer spending, [Lowery] said.
Attack of the Control Freaks!
Last week, many of the 280 attendees at our Total Wealth Symposium asked me the same question: They all wanted to know about the possibility of the U.S. government imposing exchange controls.
Currencies Rally
I don’t know at this point if this is a true reversal of the dollar rally or a false dawn… But either way… Just to see some chinks in the dollar right about this time is probably a good thing to currency holders!
Dollar Declines Further vs. Euro
In the currency market, the dollar continued to slide against the euro. Late Monday, the euro was trading at $1.5541 vs. $1.5473 on Friday.
How to Sell the Dollar, Part II
Seeking to spur the economy to growth, the Fed and the Treasury have been actively devaluing the dollar.
Latest News
- Base Metals Savaged1:58pm CDT
- Crude Still Slipping1:55pm CDT
- Dollar Flat Amid Dreadful Data1:52pm CDT
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- Resource Stock Roundup Friday, September 5th, 200812:01pm CDT
- Base Metals Treading Water11:53am CDT
- Crude Slips Further, $106 Seen as Support Level11:50am CDT
- Dollar Continues to Squash Euro11:47am CDT
- No Relief in Sight for Gold and Silver11:43am CDT
- Global Investing Roundups Friday, September 5th, 20089:39am CDT
- Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin9:18am CDT
- Protest at Tata Plant Evidence of Indian Identity Crisis9:04am CDT
- Tap Into Korea’s Profit Potential with MSCI Korea Fund (EWY)8:02am CDT
- Follow PIMCO into Fannie and Freddie Bonds6:05am CDT
- Why You Should Buy Puts on the Weakest S&P 100 Players Now5:37am CDT
- Dollar Rally Means Mining Stocks On Sale5:11am CDT
- And Then There’s This… Thursday, September 4th, 200811:31am CDT
- Resource Stock Roundup Thursday, September 4th, 200811:26am CDT
