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Home Depot Stock Stumbles
Brian HicksPosted November 13, 2007
Big box retailer and national bellwether stock, Home Depot Inc. (NYSE:HD), reported this morning that its 3rd quarter net profit fell by nearly 27% due to a "tough environment" in housing.
Main Street is Getting Nervous
Brian HicksPosted November 13, 2007
While a good bit of the news lately surrounding the credit crunch has revolved around those faltering CDOs, the real affects of the sub prime mess actually continue long after those massive...
The U.S.-Korea Free Trade Agreement
Brian HicksPosted November 12, 2007
This agitation against the US-Korea Free Trade Agreement seems a bit too late, as the United States and the Republic of Korea (as the South is known, versus the North's Democratic People's Republic...
Ron Paul vs. Ben Bernanke
Brian HicksPosted November 12, 2007
With one eye on a mess of intraday charts and the other on CNBC, I caught this exchange yesterday between two people that can only be described as polar opposites-Ron Paul and Ben Bernanke. It was...
CDO Mess Lines Up Its Next Victim
Brian HicksPosted November 10, 2007
First it was Merrill. Then it was Citigroup. And now it's Morgan Stanley's turn to put its cards on the table.
Drowning in Red Ink
Brian HicksPosted November 10, 2007
According to a story in Marketwatch, our elected officials have now buried us all under over $9 trillion in red ink. Unfortunately, as big as that sum is it is only the tip of the iceberg.
A 10 Billion Trillion Trillion Carat Diamond
Luke BurgessPosted November 9, 2007
Located over 10,000 feet above sea level in the frigid Maluti Mountains of Lesotho, the Letseng diamond mine is the highest diamond mine in the world. But this sky-scraping mine is really most...
War by Other Means
Brian HicksPosted November 9, 2007
Barely three months into the destruction of the dollar at the hands of the Federal Reserve, the rest of the world beginning to get a little queasy over its free fall. Gee go figure.
Sinners and Saints
Brian HicksPosted November 9, 2007
I want you to think about something. Oil prices are already approaching $100 a barrel. If the IEA is warning us about an "an abrupt escalation of oil prices," what exactly does that mean?!
Dollar Losing Value
Brian HicksPosted November 8, 2007
Since I arrived here in Japan, I've been out in the street markets and up in the highest floors of Tokyo skyscrapers, eating everything from mung bean desert cakes to steaks, and meeting with...
Higher Oil Prices
Brian HicksPosted November 7, 2007
Editor Brian Hicks talks about his recent interviews on Bloomberg and Fox Business Channel while higher oil prices are finally causing the mainstream media to sound the alarm.
Rate Cuts, Inflation, and the Dollar
Brian HicksPosted November 6, 2007
Oil and gold continue to make fresh new highs, as the dollar is in a free fall. Steve talks about inflation, rate cuts and the greenback.
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