Category Archives: Economy
Credit Market Killing Machine
Yields on the 10-Year Treasury Note remain below 2 percent. Interest rates this low are extraordinarily abnormal. They indicate credit markets are feeble. Moreover, despite the Feds efforts to suppress interest rates, these ultra-low yields may be hurting the economy … Continue reading
Will Iran Kill the Petrodollar?
Will Iran Kill the Petrodollar? By Marin Katusa, Casey Research The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on … Continue reading
Kodak Moment for Uncle Sam
Dinosaurs must die. It’s a fact of life. Just ask Kodak. Last week, after 123-years in business, it was reported the dinosaur company is preparing to file for bankruptcy protection. By market close on Friday, the former blue chip’s stock … Continue reading
The Metamorphosis of Jon Corzine
The economy gained 120,000 jobs in November, said the Labor Department last Friday. The jobs number included 140,000 new private sector jobs and a loss of 20,000 public sector jobs. More importantly, the unemployment rate fell to 8.6 percent – … Continue reading
