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A steadily growing drumbeat is sounding throughout financial mediadom; a major commodities blowout is in the cards. The most widely quoted reason is a U.S. recession that will sympathetically pop the commodity bubble. It seems to me that these views are intertwined with a changed perception of how the...
The Problem with the Euro Swapping out Commodities The Euro at Par with the Dollar Laguna Beach, Montreal and Las Vegas By John Mauldin Last week I wrote that we could see a drop in the price of oil as speculators seemed to be storing oil in very large tankers and "slow steaming" them to port...
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Dear Readers, It's getting to the point where even the most determined optimist is having a hard time finding a good reason to roll out of bed. Among just the smattering of news that crossed the lens this week... Producer prices rose 7.4 percent in January from a year ago, coming on the heels of...
Posted to
The Room
by
David Galland
on
03-03-2008
Filed under:
Filed under: Economy, Interest Rates, Credit Crisis, commodities, Inflation, Oil, Gold, Visa, Ben Bernanke, Recession, Dollar
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