Good morning! Here’s what you need to know: ______________________________ OVERVIEW Inflation | It’s showing up everywhere but has been bullish for stocks. Injustice | None of the crooks behind the financial crisis are in jail — maybe because they changed the laws before misbehaving. US Economy | Japan thinks America is recovering less strongly than […]
Category Archives: Finance at First Light
Inflation, Injustice, and the American Economy
Also posted in Corporatocracy, Inflation, US Economy
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Does Egypt Matter to Investors?
Good morning! Let’s look at Egypt: ______________________________ OVERVIEW Oil Prices | Oil gets expensive when there’s trouble in the Middle East, but Egypt is a minor player. Global Inflation | Egypt’s uprising provides evidence that the sinking dollar is creating inflation that hurts emerging economies. Food Prices | Emerging economies are especially prone to social […]
Also posted in Geopolitics, Global Economy, Inflation
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Election Day Financial News
Good morning! Here’s what you need to know: Republican Victory Day Voters “in a foul mood” over government spending and persistently high unemployment are expected to repudiate President Barack Obama’s Democratic party today by putting Republicans back in control of the U.S. House, and in stronger position in the Senate. Stuart Rothenberg of the Rothenberg […]
Posted in Finance at First Light
Tagged Federal Reserve, Financial Sector, natural gas
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The Doomed Dollar at the QE2 Crossroads
Good morning! Here’s what you need to know: ______________________________ OVERVIEW Did Geithner Doom The Dollar? | He said the same thing other countries said before devaluing their currencies. The QE2 Crossroads | The US is either a kleptocracy or a law-abiding republic with an imploded bank sector. November Stock-Drop Worries | With QE2 and elections […]
The Currency Crisis
Good morning! Let’s take a look at the currency crisis. Simon Johnson at Project Syndicate says the brewing currency wars are not just China’s fault, though it “certainly bears some responsibility.” He mostly blames “Europe’s refusal to reform global economic governance, compounded by years of political mismanagement and self-deception in the United States. … the […]
