The Most Important Variable Governing Market Prices

To the casual market observer, last week’s price action appeared to be dependent on every headline out of Washington. Strike […]

2013 Prognosis

The following are my thoughts about things that might happen in 2013. This (Link) takes you to a discussion of […]

Yuan Only BRIC Winner on Resilience to Debt Crisis: China Credit

By Lilian Karunungan Sept. 14 (Bloomberg) — China, with its centrally controlled economy, managed currency and restrictions on capital inflows, […]

Should You Worry About a U.S. Default?

By CATHERINE RAMPELL Mary F. Calvert for The New York Times Carmen M. Reinhart says ratings agencies have a poor […]