Posted September 26, 2006
It's been the top question in every radio show I've been on in the past two weeks. "Why is the world suddenly awash in oil?" I writhe in my seat every time, furrowing my brow not out of confusion but frustration. The world seems all too ready to paint itself into the fossil fuel corner yet again.
Posted September 25, 2006
Today Americans enjoy unlimited benefits from new technologies in our wired world. But those wires send information in two directions, and the access to our personal data has never been more open for abuse.
Posted September 21, 2006
Baltimore,Md-Thomas M. Stevens should have known better. After all as the reigning president of the National Association of Realtors, he is a guy that ought to have some bona fide real estate savvy. How couldnt he?
Posted September 20, 2006
Just as it looked as if the summer doldrums were ending and gold was beginning to creep higher, WHAM, we have a huge sell-off that takes gold below $600 an ounce!
Posted September 19, 2006
It's long been the stoic model of northern European moderation. Though Sweden's seasons vary wildly, the dole doesn't. But there is still economic contrast - high benefits, and unemployment too high for comfort. This past Sunday's elections may change that.
Posted September 18, 2006
Zinc prices have slumped nearly 10% in just two weeks. And the 12-month rally has seemingly stalled as prices have remained relatively flat since April. But the fundamentals that have been driving the long-term zinc bull haven't changed one bit.
Posted September 14, 2006
Buying a home is an exciting experience. In fact, its kind of giddy, because for a lot of people it represents something of a fulfillment of a dream. Thats how deep the belief in home ownership is in America and the rest of world. But as exciting as the experience is for the homebuyer, its extra exciting for the members real estate industrial complex, especially the realtors, the loan officers and the appraisers
Posted September 12, 2006
The news crawler on the morning of December 11, 2001 scooted across the bottom of the TV screen at its normal pace. The previous night's sports scores, some stock prices...Oh, and China was admitted to the World Trade Organization!
Posted September 11, 2006
While investors are very familiar with gold, silver and platinum, palladium is often overlooked when considering it as a precious metal for investment purposes.
Posted September 6, 2006
First it was the soccer moms. And then it was the security moms. But today, according to a story in the Washington Post, our nations political future is now in the hands of the mortgage moms. And given the state of todays housing market, they are clearly on to something.
Posted September 5, 2006
Though I doubt hell land on the roof of the Hanoi embassy, US Treasury Secretary Hank Paulsons arrival in Vietnam this week is symbolic. Vietnam vacated in bitterness by Marine helicopter three decades ago is the newest staging ground for western capitalism.
Posted August 29, 2006
Every day its a new brew. Coffee can give you a heart attack. Or it can fight cancer. It can make investors rich or turn poor farmers towards the cocaine industry. Today we filter the economics inside a cup o joe.
Posted August 28, 2006
My hometown newspaper the Baltimore Sun just can't seem to make up its mind. Just last month the paper went to press with a three part story entitled "The Coming Housing Crunch." It was the epitome of folly.
Posted August 25, 2006
Average retail gasoline prices have fallen significantly since the beginning of the month and are now at multi-month lows. Here in the U.S., the engine fuel has dropped over 5% since August 4th while average prices in Canada have dropped nearly 10%. But this won't last long.
Posted August 23, 2006
At Ward's gift shop in Boston there has been a run on St. Joseph statues. In fact, they are selling so many that the owner, Donald Ward Cranely, is having a hard time keeping them on the shelves.