What a difference three months makes. On May 18th, I wrote “Trading Panic: Rushing Past the Exit from Brazil” to explain why I bought the big dip in iShares MSCI Brazil Capped ETF (EWZ) after Braz...
S&P 500 The S&P 500 has fallen a bit during the day on Wednesday but found enough support towards the end of the day to show signs of life again. There is a massive uptrend line just below, so...
EUR/GBP is trading around the highest levels since 2009, in the immediate aftermath of the financial crisis. The cross reflects the weakness of the pound in light of Brexit uncertainty and the resilie...
Whether the goal is to organize the world’s information or to build an algorithm that makes millions of lives easier, pretty much every tech company in existence aims to leverage software in some...
by Philip Pilkington Roy Harrod, usually remembered today for his part in the development of the Harrod-Domar growth model was also, so far as I can see, the most sophisticated monetary economist am...
The title of this post is inspired by the widely-reported remark that Hillary Clinton considered making at the second Presidential debate (gee, THAT would have changed people’s minds about her, hu...
Connecticut Governor Daniel Malloy is among the country’s least popular governors after forcing through two tax hikes that sent individuals and corporations fleeing from the state. Luckily for the...
USDCAD stays in a falling price channel on its 4-hour chart, indicate that the pair remains in the downtrend from 1.2778. As long as the price is in the channel, the downtrend could be expected to con...
U.S. President Donald Trump’s threats to cancel the North American Free Trade Agreement (NAFTA) sent Wall Street lower on Wednesday, but Canada and Mexico, the U.S.’s trade partners, didn’t seem...
Gold prices ended Wednesday’s session up $5.71 as disappointing U.S. economic data and political uncertainty weighed on the dollar. In economic news, the Commerce Department said sales of new homes ...