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OECD Economic Forecasts Remain Gloomy
Here is an graphic from the Economist depicting the forecasts from the OECD for the U.S., the Eurozone, Japan and OECD overall:
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Consumer Confidence Holds Steady Following October Plunge
Despite continuing gloomy economic conditions in the US, consumer confidence declined only slightly in November - slipping 2.3 points to 34.7, compared with 37.0 in October - on future expectations that local economies will improve, according to 6
Will Obama's Economic Policies Drag the U.S. Down?
Things are turning nasty for the U.S. economy. Just how nasty was made clear when on hearing of Obama's victory the markets fired a salvo across the bows of the Democratic Party. 5
Dollar Higher after G20 Delivered Little Impact
Dollar edges higher as the markets open this week and remains firm after G20 delivered little impact to the markets. The Japanese yen, on the other hand, fails to sustain earlier gains after economic data showed Japanese economy shrank in Q3. 5
Obama's New Deal
For years, economic contrarians have been predicting financial disaster for the U.S. economy. And for years, famous mainstream economists and CNBC analysts have been assuring everyone that Federal Reserve was managing the new economy effectively 5
Key to the Global Equity Market: Trend and Cycle Analysis
Anybody can tell you that the equity market is a disaster and that stocks have fallen x percent over y weeks. They can even tell you the sectors and industry groups that have led the market down. Your question should be, “Tell me something I don’ 8
Daily Forex Commentary November 17
he market received confirmation that the European economy is technically in recession with the second successive quarter of negative economic growth revealed on Friday. Third quarter GDP which measures the total value of goods and services produc 12
20 Reasons Why the U.S. Consumer is Capitulating
Today’s news about October retail sales (-2.8% relative to the previous month and now down in real terms for five months in a row) confirm what this forum has been arguing for a while, i.e. that the U.S. has entered its most severe consumer-led r 
