Insights

Fri. 11/18/11 4:40 PM – Not a Great Week

What could have been a good week in the US after several good economic reports was spoiled by worsening debt troubles in Europe. See my newsletter posted today for more details. For the week, the market lost 3%, high quality bonds lost 1.1%, gold lost 3%. The dollar...

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tue, 11/15/2011 4:05 PM – Markets Look to Go Higher

I'm back from vacation and just about caught up. I will try to get the Nov newsletter out tomorrow. Vacation was far from restful for my body, as we were hiking in the Rockies between 7,000 and 10,500 feet, sometimes through a foot of snow. But, it was very restful...

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Thurs, 10/27/11 4:32 PM – Markets Love the News

It was a party in stock markets here and in Europe today in response first to the news that an agreement was reached whereby banks and other investors will take a 50% reduction in the value of their Greek bonds and that the EFSF will be leveraged up to buy Italian and...

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Tues, 10/25/11, 1:54 PM – Greenspan Says Euro Doomed

Former Federal Reserve Chairman Alan Greenspan is much more open since he retired from the Fed. CNBC quoted him today saying the Euro is bound to fail because the culture differences between northern and southern Europe are just too great. He said the initial hope was...

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Tues, 11/25/11 9:50 AM – Problems with Euro Deal?

CNBC is reporting that the UK said there will be no European finance ministers meeting tomorrow. That’s why the market is dropping after being up. There will still be a summit meeting of European leaders but this is a curious development especially after no...

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