A gloomy day for the housing and mortgage outlook - January 9, 2008 10:13

Tuesday started promising on Wall Street, as the National Association of Realtors (NAR) announced a potential for an upswing in the US housing market, possibly in late 2008.  They expressed the possibility of market stabilization.  However, they also said pending home sales dropped 2.6% in November.

Jawboning - January 8, 2008 14:02

During the mid- to late 1960s, the Lyndon B Johnson Administration tried to deal with the mounting inflationary pressures by direct government influence. Wage-price guideposts were set up, and the power of the presidency was used to coerce big businesses and labor into going along with these guideposts.

Oil breaks $100 while dollar turns sour again to start New Year - January 4, 2008 10:08

Oil prices did not take too long to ring in the New Year with a new record just above $100 per barrel today, before falling back just below the century mark.  As oil prices soar and Wall Street remains uncertain about its next move, the dollar has slipped back against European, Asian, and other world […]

An early warning? - January 3, 2008 10:27

Having traded through 2007 in very volatile conditions most market participants have taken on board the need to ensure that risk management is at the forefront of their plan. Even with risk management it has been a very frustrating experience for many attempting to trade over the longer term.

2008: Dollars, Gold & the Tasty New Whopper Sauce - January 3, 2008 10:05

WHO CAN REALLY SAY what 2008 will bring? A post-Olympics slump in China, perhaps, tipping its near-10% annual rate of expansion into an historic depression…The first annual fall since 1995 might also hit UK real estate too, unwinding a chunk of the near-quadrupling of London house prices…

Year starts sour on weak factory data, $100 oil (Reuters) - January 2, 2008 23:49

Year starts sour on weak factory data, $100 oil (Reuters) Reuters – U.S. stocks sank on Wednesday, with the Dow getting off to its worst-ever start to a year, after data showed a surprise contraction in manufacturing and oil surged to $100 a barrel, raising the specter of stagflation. Source: news.yahoo.com

Crude oil hits record $100 for first time - January 2, 2008 23:49

Crude oil hits record $100 for first time By Edmund Conway, Economics Editor Crude oil has hit the $100 milestone for the first time in history, as a host of commodities smashed through record levels. Analysts warned that inflation and high energy prices would remain a key threat on the Source: c.moreover.com

Year starts sour on weak factory data, $100 oil (Reuters) - January 2, 2008 23:45

Year starts sour on weak factory data, $100 oil (Reuters) Reuters – U.S. stocks sank on Wednesday, with the Dow getting off to its worst-ever start to a year, after data showed a surprise contraction in manufacturing and oil surged to $100 a barrel, raising the specter of stagflation. Source: news.yahoo.com

Crude oil hits record $100 for first time - January 2, 2008 23:42

By Edmund Conway, Economics Editor Crude oil has hit the $100 milestone for the first time in history, as a host of commodities smashed through record levels. Analysts warned that inflation and high energy prices would remain a key threat on the Read More…