Topic: U.S. Dollar
President Barack Obama occupies the most powerful political office in the world, but when it comes to managing the economy he -- and his predecessors -- are more impotent than many Americans believe.It is a truism of American politics that the president ...
Asian stock markets surged on Monday after US President Barack Obama said lawmakers had reached a last-minute deal that would raise the country's debt ceiling and avoid a catastrophic default.Tokyo closed 1.34 percent, or 131.98 points, higher at 9,965.01 and Seoul gained ...
NEW YORK (Reuters) - Just because some financial advisers associate themselves with the Tea Party doesn't mean they can read tea leaves.Ultimately, they concede they don't know what's going to happen in Washington any more than wealth managers at Fidelity or Merrill ...
Returning to a gold standard now would destroy what little remains of the economyWhat is the obsession that these imbecilic Tea Party folks have with returning the dollar" class="inform">U.S. dollar to a gold standard? To continue reading please click here100242672&bid=informcom" /> Copyright ...
Lest we forget, it was the Republicans who first foisted on the electorate nosebleed levels of spending, regulations like Sarbanes-Oxley that turned enterprising CEOs into accountants, a weak dollar that robbed workers of their earnings, and bailouts of banks and car companies ...
JUST AS THE POLLS and the pundits predicted, Republicans recovered their majority in the House of Representatives while Democrats' majority in the Senate was trimmed in Tuesday's midterm elections. But the dollar did worse under full GOP governments, losing 1.17% per annum ...
" Let's look at a recent example ofempire destruction.In 1985, the Soviet Union started tocollapse. The Soviet Union was bankrupt, and collapse came in 1991 whenBoris Yeltsin rose to power. The USSR was overafter about 70 years, dying at its own hand.The ...
Equity markets continued their slump to finish the week sharply lower; the Dow finished the day down by 1.5% while the Nasdaq and S&P 500 both slumped by close to 2%. Among the biggest gainers on the ETFdb 60 was the iPath ...
The bond market collapses, as China and Japan boycott the Treasury auctions. The dollar tanks big time, gold breaks $2,300, and silver explodes to $50. Ben Bernanke has no choice but to engineer an interest rate spike to dampen inflationary fires and ...
In the wake of the Massachusetts massacre, inquiring minds are wondering " Today we have clarification from President Obama that the house will not accept the senate version straight up, and reconciliation is likely off the table. President Obama signaled on Wednesday ...
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Japan World Markets
A money trader walks past a large screen displaying an exchange rate ...AP News - -
Japan Dollar
A businessman monitors an electric board showing the day's currency rate ...AP News - -
Britain Lehman Brothers Auction
The Lehman Brothers corporate sign in polished metal is taken into an ...AP News -
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India abandons US dollar to purchase ...
Every year India spends $12 billion on purchasing oil from ...2012-01-24 -
Expect More Volatility Into Friday
This morning, the S&P 500 Index e-mini futures (ES ...2012-02-16 -
How Long Will The Inflation Rally ...
Nearly everyday the major stock indexes rally higher after an ...2012-02-14
