Fed and ECB – A World Apart
The U.S. Federal Reserve (Fed) and the European Central Bank (ECB) are divided by a common goal: price stability. The U.S. Federal Reserve (Fed) and the European Central Bank (ECB) are divided by a common goal: price stability. Fed Chairman […]
Disasters Rocking U.S. Dollar?
From earthquakes in New Zealand to revolutions in the Middle East, natural and man-made disasters are rocking the world. We are all too often made to believe that
Politics of Inflation
In arguing food inflation is not the Federal Reserve’s (Fed’s) fault, Fed Chairman Bernanke points the finger at everyone but him. Just as with a lot of Bernanke’s
Reagan for President…of China!
With Ronald Reagan’s 100th birthday around the corner, it seems fitting that the world may need another President with the same level of foresight. This time it’s not
Budget Battles Ahead
The U.S tax battle on the federal level was fought and resolved a few weeks ago, but only temporarily. In early December, President Obama’s Deficit Commission (officially, National
2011: Year of the Yellow Brick Road
The Wizard of Oz would be proud of our policy makers: perception may be reality when it comes to investor confidence, even if we live in a fairy
Fed – Inflation, Inflation, Inflation
In August, Federal Reserve (Fed) Chairman Bernanke stated inflation was too low; in October, the Fed's Minutes lamented that the market appeared not to take Bernanke's August statements
Debunking Bernanke’s Myth
In his interview with “60 Minutes”, Federal Reserve (Fed) Chairman Ben Bernanke suggested it is a myth that quantitative easing implies printing money. With all due respect, Mr.
Pragmatic ECB Squares the Circle – Whatever it Takes
The one thing worse than a fire in a building is a fire in a building when emergency exits are bolted shut: a panic in the market is
Currency Manipulation: Two Sides to Every Coin
Recently, currency manipulation has garnered headline attention. We have been constantly bombarded with rhetoric out of Washington: “China isn’t allowing its currency to appreciate fast enough”; “China’s exchange