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Daily Archives: January 24, 2013
Portrait of the fiscal cliff
I included this chart of the US dollar index against a basket of global currencies in a presentation I did in Vancouver on the weekend. It helps put some big picture perspective on the US dollar and how its movements … Continue reading
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The downside of over-priced
Apple making news this morning on lower earnings growth and the weakest sales increase in 14 quarters. The share price that was $700 in September 2012, is today at $454 for a decline of 35% in 3 short months. The … Continue reading
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Giant wall of US cash still building
Everyone from consumers to companies is exhibiting a still growing preference for holding cash. The media keeps saying this flows because of uncertainty about regulation changes. This is missing the real issue here. The reality is that cash is held … Continue reading
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