“A more immediate concern is the growing divergence of European economies. Two big European economies, Italy and Spain, are perceived as more risky than the two core members of the Eurozone, Germany and France.” — Lord William Rees-Mogg
by Lord William Rees-Mogg
Baltimore and London — (TFN): In the last year, the euro [...]
Tags: britain, civil war, currency, dollar, euro, eurozone, Gold, napolionic, united states, us, waterloo
“Soaring inflation means the credibility of the legal tender in your wallet is being called into question. In other words, does your dollar really have any value?” — Jack Crooks
by Jack Crooks
Baltimore – (TFN): All over the world, everyone from market analysts to your average grocery shopper has been buzzing about inflation lately. [...]
“The Fed can no longer cheat with the money supply and get away with it. There is a new gold standard and it’s called ‘oil.’” — Byron King, Whiskey and Gunpowder
by Byron King
Baltimore – (TFN): Oil has become the “anti-dollar” of modern times. Oil is now serving as the [...]
Baltimore — (TFN): On April 29, net shorts on a decline in the euro came in at 21,315— compared with net longs of 18,907 a week earlier, according to the CFTC. Currency strategists now expect the dollar reversal to reach $1.52 within the next few days.
So far, the U.S. currency has appreciated 4 percent from [...]
Baltimore — (TFN): Net shorts on a decline in the euro came in at 21,315— compared with net longs of 18,907 a week earlier, according to the CFTC. Currency strategists now expect the dollar reversal to reach $1.52 within the next few days: The podcast for our latest TFN 60-Second Buzz video, featuring J. Christoph [...]
Baltimore — (TFN): Short positions on the euro have been increasing. An increasing number of traders expect the dollar to appreciate against the euro and other currencies. But could a dollar reversal ring in a deflating of the commodities bubble?
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“So who - or what - is to blame for what’s being called the greatest financial crisis since the Great Depression? Strangely it’s all tied back to not only derivatives… but also the currency markets. Or more specifically, the carry trade.” — Jack Crooks
Blogger’s note: Jack Crooks sent [...]
Tags: carry trade, citigroup, credit crunch, currency, dervatives, fannie mae, fnm, foreclosure, subprime, UBS, yen
“Two companies worth comparing are Airbus and Boeing. A falling dollar has dramatically hurt Airbus, while providing Boeing with a fantastic, but temporary, competitive advantage.” - Andrew Snyder
By Andrew Snyder
Baltimore (TFN) - At least a dollar is still worth a dollar here in the United States, because throughout much of the world it is not [...]
Tags: 2008, Airbus, Andrew Snyder, Boeing, currency, currency volatility, dollar, dollar spread, Options, strong euro, Weak Dollar
“Now that Congress is getting involved, we should see some decisive action, a clear and easy solution to eliminate the financial collapse now knocking on our doors… and if you believe that, I’ve got these great banking shares to sell you.” — Stephanie Grimmett
by Stephanie Grimmett
Here at Today’s Financial News, we spent the [...]
Tags: april fools day, asia financial crisis, bernanke, carry trade, congress, currency, Fed, financial news, hyperinflation, joke, liquidity, paulson, stock chart, technicals, us currency, value investment, wall street
"In March of 2005, Cuban President Fidel Castro announced he would decrease the value of the Cuban peso 7% in a single day. In other words, Fidel Castro was debasing his country’s currency — on purpose." — Sean Hyman
by Sean Hyman
Baltimore – (TFN): There’s a lot to be said for watching other investors’ mistakes to [...]
"You think it’s a coincidence that the Iranians announced this “new bourse” just when the dollar sank to 30-year lows? I definitely don’t. In fact, I’d say they’re only doing this because the dollar is so low. Seriously, if you wanted to sucker punch the buck, then now’s the [...]
“Buffett should have had a second quarter loss in his company (Berkshire Hathaway). However, he reversed that loss into a US$412 million profit just from his currency gains.” — Sean Hyman
by Sean Hyman
Baltimore – (TFN): Warren Buffett has been deemed “the world’s greatest investor.” Why? He’s produced [...]
“I’m sure you’re wondering where in the world, when all of the world’s markets are so inexorably tangled up in the subprime knot, you can hide your profits until the worst has passed. Where can you expect to find a reasonable rate of return for your funds while the sky falls on Wall Street?” – [...]
"Currency experts are now expecting a gradual 10% increase of the yuan over the dollar throughout 2008." — J. Christoph Amberger
by J. Christoph Amberger
Baltimore — (TFN): China may be in the process of clandestinely floating the yuan within a far wider margin than last year. Within the last couple of days — which were [...]
Baltimore — (TFN): Are we at the beginning of a "Global Race to the Bottom"? The dollar may be at record lows against most world currencies. But curiously, it is European economies that are feeling the pain most. Crisis Trader Chris DeHaemer tells you how to profit from these currency dynamics.
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Tags: aktien, börse, currencies, currency, dollar, euro, exchange rate, finance, finances, Finanz, Konjunkturprognosen, Kursschwankungen, renminbi, stocks, video, Währungen, Wirtschaft, yen, yuan
“If you’ve been an academic economist looking for the end of US economic hegemony for twenty-five years, this is an exciting moment.” — Bob Barbera
Blogger’s Note: Now this is something you probably never expected to see at TFN — an NPR Morning Edition interview on an economic or financial subject! But as I indulged in [...]