Daily Archives: February 16, 2013

US dollar update

To the surprise of many, precious metals and commodity prices have continued to weaken since 2011 as the US dollar has been attracting international inflows. As marked in the chart update below, the $83.50 area on the US dollar index … Continue reading

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Wal-Mart February sales slump with discretionary income

And now for some news from the consumer led economy. Here is a direct link.

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Elizabeth Warren asks straight questions on lack of bank prosecutions

Financial Regulations Law implementation hearings February 14, 2013. Here is a direct link

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Pimco’s El-Erian explains the capital risk in artificially high asset prices

“In terms of equity markets, El-Erian says investors are split into two camps. One camp believes that everything will go higher and central banks will succeed in their efforts. The other camp believes asset prices are going to come down … Continue reading

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