China announces fuel price increase - June 20, 2008 10:31

Light sweet crude oil future dropped sharply in New York trade Thursday (June 19) following an announcement from China that it was going to hike fuel prices 16-18 per cent. This news is expected to slow demand in the nation that has been leading the way in oil use this year thanks to earthquake reconstruction […]

If you project forward then act forward - June 18, 2008 8:51

Well as we all knew it would happen, we should sit back and smile at Mr King, Mr Brown and the other one who escapes me, oh yes Darling:

Mortgage rates rising fast - June 18, 2008 8:48

Many American homeowners are likely kicking themselves for missing what was likely the market bottom for mortgage interest rates in the late first quarter of 2008.

Retail sales offer hope - June 13, 2008 8:47

There is no question that the concerns of the Bush Administration, Central Bank, and American consumers have shifted toward rising inflation and consumer prices. While there are certainly sectors of the economy that still have holes to dig out of, a one percent rise in May retail sales validated statements recently from Federal Reserve Chairman […]

The Weekly Report Update - June 12, 2008 8:52

In Sundays Weekly Report we looked at some charts that showed the Occasional Letter proprietary indicator in an experimental role on the hourly Dow. As this weeks targets have now been hit I thought it would be appropriate to update the charts to show you the outcome.

Dope, Dollars & Deficits - June 11, 2008 21:21

DO DEFICITS MATTER? Right around the time that English missionaries produced the first Bible in Chinese, the British Empire found itself with a trickier kind of translation problem.

Dollar Surges - June 11, 2008 9:04

The dollar is proving resilient, which provided some need relief from surging oil and gasoline prices Tuesday (June 10). The national average retail gasoline price did spurt higher by 2 cents to a price of $4.043, according AAA and the Oil Price Information Service. However, after reaching a new record high of $139.12 per barrel […]

Consumer Capitulation - June 10, 2008 9:12

You may have read in my previous articles how I see the wealth confiscation taking place affecting consumers and consumer expectations. Simply put, if goods and services become too expensive relative to consumer income then the consumer will capitulate and conserve what little spending power remains for essentials. In other words, you can put any […]

Gold Starts the Week $20 Higher - June 9, 2008 13:21

SPOT GOLD PRICES rose sharply at the London opening on Monday, starting the week $20 per ounce above last Monday’s start as crude oil dipped from its new all-time highs.