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  • A Jobs Jamboree Friday – 6/4/2010

    In This Issue..

    * Euro gets beaten down again...
    * Why should we do anything now?
    * Brazil keeping inflation away...
    * ADP says 55,000 jobs created in May...

    Good day... And a Happy Friday to one and all! I suspect this will end up being a Fantastico Friday, but right now, not so much... Today is the Big Jobs Jamboree, and the cable news stations are spinning it quite nicely. So nicely put that stock jockeys are believing the spin and running stock futures higher. I've got that to talk about today, and more debt stuff... Believe me dear reader, I wish I didn't have to talk about this debt stuff, but I feel as though me and a few of my friends are the only ones doing so, and I don't want you to become like the rest of the country and become 'comfortably numb' with the deficit figures!...
  • So Far... It's A Turn Around Tuesday!

    In This Issue..

    * Currencies bounce back...
    * Commodities and Commodity Currencies get hit hard!
    * China's recovery a myth?
    * Devaluation in the dollar's future?

    Good day... And a Terrific Tuesday to you! It's too hot in the hot tub! You can't make me get in the hot tub! Ahhh... When I walk outside and my eye glasses fog up from the heat and humidity, I think of that old Saturday Night skit, with Eddie Murphy playing James Brown!

    OK... Well, yesterday we saw the currencies stop the bleeding from the overnight sell off, and although they range traded on the day, the bias was to sell dollars once again. That bias has played through on our Turn Around Tuesday theme, and the currencies are higher today than yesterday, but lower than they were 3-weeks ago week ago. Yes, the month of June has not been kind to the currencies, as some of the euphoria that was going on from March thru May, regarding the global economic recovery is being thought about again, and this time, not with the same rose colored glasses......