Daily Archives: January 4, 2011 @ 6:17 pm (Tuesday)

‘New Captains of Industry’ Hosts Economic Roundtable with Mosler, Wray, and Norman

From George Jarkesy: http://www.prnewswire.com/news-releases/new-captains-of-industry-hosts-economic-roundtable-focused-on-us-budget-and-trade-deficits-112815269.html

Posted in Email |

Brazil’s Mantega

The Brazilian miracle- Tight enough fiscal/low enough domestic demand for an appreciating currency, FX buying to keep it there and support the exporters with lower real wages = ‘good looking’ Financials at the expense of the overall real standard of … Continue reading

Posted in Emerging Markets |

Saudi Crude Oil Output

Crude oil prices continue to rise with no apparent increase in net demand, as evidenced by Saudi output. No telling how high the Saudis want it to go, but higher prices are not good for the US dollar or the … Continue reading

Posted in Oil |