BEN Bernanke has begun the next phase of the US Federal Reserve Bank’s currency war on the rest of the world.
A renewed bout of US dollar debasement is bad news for Asia and the rest of the global economy. … Read the rest
High Frequency Trade causes mayhem & opportunities
Financial history will ultimately narrate whether the global stock market plunge on Monday and early Tuesday was the selling climax of the nasty 2011 bear market.
The best news following the worst tumble since the 2008 to 2009 stock market … Read the rest
Exaggerated Double-dip fears haunt oversold equity markets
GLOBAL equity markets lurched sharply lower this week as fears mount that the US and Europe could be hit by a double-dip recession next year, accompanied by a sharp slowdown in Asia and other emerging markets.
Harvard University economics professor … Read the rest
Murdoch fallout threatens to curb investigative journalism
THREE major themes come to mind with regard to the Murdoch empire’s scandal.
First, Rupert Murdoch’s power and credibility has taken perhaps an irretrievable knock in the UK, while his reputation has been severely damaged in the US and … Read the rest