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Is $130 oil a bubble?
Some say no. They say unlike the tech and real estate bubbles, there's no overabundance of supply. Others say these high prices are not sustainable.
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Buffett sees U.S. in recession
Berkshire Hathaway CEO tells German magazine he believes country is now in recession.
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Merk Market Outlook: Condition of the Consumer
The past two quarters have seen anemic 0.6% rates of growth and we expect that personal consumption for the advance Q1'08 growth report will advance 1.0%, which would be the weakest three months of personal consumption since the beginning of the
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The Ultimate Technical Indicator
People often ask: what is the best indicator to use in forex trading? Is it the relative strength index (RSI), or exponential moving averages (EMAs), or perhaps Bollinger bands? Or is it something more esoteric?
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Unsold houses rise to 23-year high in April
The U.S. housing market weakened further in April with a flood of homes coming on the market even as sales and prices declined, the National Association of Realtors reported Friday.
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USDJPY Formed A Short Term Cycle Bottom
Being contained by 102.58 previous low support, USDJPY rebounded from 102.73 and formed a short term cycle bottom on 4-hour chart.
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Australian Dollar: Parity Within Reach
Who could have imagined that the value of one Australian dollar could be equal to one US Dollar?
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The Case for $1300/Oz Gold
Why gold will reach $1300.
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BOJ Is Watching Inflation Expectations, Minutes Show
Bank of Japan policy makers said they need to monitor consumers' inflation expectations as prices increase at the fastest pace in a decade, minutes today showed.
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Home prices take record drop it like it's hot!
Average home prices fell in 43 states during the past quarter, according to a government index, with California and Nevada taking the biggest hits.
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News and views on the NZD, AUD, and USD
The New Zealand dollar was bid throughout the offshore session, pushing up through 0.78 in the London morning. The catalyst was a stronger than expected German Ifo report which saw EUR/USD higher, dragging the USD lower across the board.
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Dollar Rallies Versus Yen As Jobless Claims Fall
The dollar rallied versus the yen and was stable against a basket of other major currencies Thursday morning in New York after the release of data showing that jobless claims decreased by more than expected compared to an upwardly revised reading


