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  • RBA Hikes Rates Again!

    In This Issue..

    * Global Growth gets supporting data!
    * Non-dollar currencies rally...
    * Gold heads toward $1,200!
    * Canada exits their recession...
    RBA Hikes Rates Again!

    Good day... And a Terrific Tuesday to you! And... Welcome to December! It's a grand month in my book, even if it does get quite cold! In fact, after reaching 60 degrees today, they say we'll get our first snow tomorrow night! So... Long time readers know all too well, that I'll begin whining about it being cold, and how I've got to go where it's warm... There will be no change from that this year, so be prepared!

    Well... It's a full-on, Risk On day this morning... Front and center, The Reserve Bank of Australia (RBA) did indeed raise interest rates last night (their Dec. 1st!), India's economy posted a strong 3rd QTR, and China posted a strong manufacturing number... And! The Dubai thing is waning... But, I want to talk to you about something that I wrote in the Pfennig about a week ago... So, we've got a lot on our plates to go through today, so let's get started!...
  • Throwing A Cat Among The Pigeons Again!

    In This Issue..

    * Russia's Fin Min talks up the dollar!
    * Currencies, commodities, stocks all lose ground...
    * Who's car is uglier
    * Gold hit a 3-week low...

    Good day... And a Marvelous Monday to you! How about that weekend? I actually didn't get a chance to experience much of it outside, but it sure looked great! We have new champions in basketball and hockey, so congrats to the Lakers and Penguins on their Championships! Now, the housecleaning is out of the way... It's time to get to the meat... Where's the beef? HA!...