Juggling Dynamite

The money, might and influence of Wall Street are regularly deployed across Washington to prevent any attempt to put safeguards back in place to protect the American people and get finance back to supporting the real economy, not threaten it. With your continued support and engagement, we can counter the power, might and influence of Wall Street and build on the progress we’ve made. Here is a direct video link.

CitiFX Global Head of G-10 Currency Strategy Steven Englander discusses Mexico’s non-oil exports becoming competition for Canada. Here is a direct video link.

Gary Shilling, president of A. Gary Shilling & Co., talks about the outlook for the oil market and Federal Reserve policy. Here is a direct video link.

And btw…interesting to note, past similarly sharp declines in the price of oil have usually signaled that the US had entered recession. Of course, the recessions were not officially confirmed until much later in retrospect, after the stock and corporate bond markets had taken a pounding. Food for thought.