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Home  l  Broadcast  l  WrapUp  l  Storm Watch  l  Perspectives  l  Sitemap  l  About Us The Barbarian at The Gate 'Barbarous Relic' Sounds Death-Knell for Keynesiansby Alex Wallenwein, Editor & PublisherThe Euro vs Dollar Currency War MonitorDecember 22, 2003 The following Reuters news item is outstanding in itself. Probably one of the best examples of financial news reporting I have seen so far. The reporter, Daniel Bases, is not afraid to say the unspeakable: that what normally counts as the accepted perspective of economic analysis - Keynesian analysis - is at a complete loss to explain the current phenomenon...

Home  l  Broadcast  l  Market Monitor  l  Top 10  l  Storm Watch  l  Sitemap  l  About Us Today's WrapUp by Mike Hartman 12.03.2003  Mon   Tue   Wed   Thu   Fri   Archive The Jury is Still OutStocks opened higher this morning in anticipation of a good report for the U.S. Service Sector and a positive report on productivity gains from the Labor Department. The Dow Jones Industrial Average moved about 60 points higher in the first half-hour since economists had forecast the ISM Services Index to come in with a reading of 64.5 following October’s reading of 64.7. The actual number was...

"...It's all so easy; It's always about the money. "But," I can hear you thinking, "wages and salaries are still going up, and have been going up for years and years, ever since I was a kid, anyway, so how can there not be enough money for these people to buy the things they need?" And it is that answer that explains why you are having to repeat my class year after year after year, my young grasshopper, and yet never get beyond yellow-belt status. So I will explain it to you one more time. Because the aggregate prices of...

For education and discussion only. Not for commercial use. It puzzles me how easily people entrust their security or large amounts of money to strangers and then cry foul when they lose it. Usually, they are victimized by their greed. The news reports how a man handed over $24,000 to a stranger who promised him a huge profit in return. It said that a stranger wanted to make a $40,000 charitable donation in another city, but didn't want to drive there. So, he promised to pay the man $10,000 if he delivered the cash for him. The catch - there...

WASHINGTON (AFP) - US manufacturing activity unexpectedly shot to a 20-year record in November as factories hired workers to belt out goods for the runaway economy, a survey showed. The Institute for Supply Management (ISM) purchasing managers' index, based on a survey of supply executives, leapt to 62.8 points in November -- far above expectations -- from 57.0 in October. It was the fifth consecutive month of growth. Any figure above 50 points indicates expanding activity. "The manufacturing sector enjoyed its best month since December 1983," said survey chief Norbert Ore. Factories finally took on workers after more than three...

Home  l  Broadcast  l  Market Monitor  l  Top 10  l  Storm Watch  l  Sitemap  l  About Us Today's WrapUp by Ike Iossif 11.25.2003  Mon   Tue   Wed   Thu   Fri   Archive "This Time May Be Different" This is going to be a rather short commentary because I really find only one thing that in my view is worth noting.Despite that the SP only declined about 2.8% from its 11/14 high of 1063.65, to its 11/21 low of 1031, many of the indicators we follow reached oversold levels that in the past few months have been associated with "entry points" which yielded...