Quantitative Easing 2 is the big talk on the street as of late. This is a stimulus package much like the one the Fed’s rolled out a year and a half ago to stabilize and restart the economy (hasn’t really worked). The Fed will meet next week November 2nd and 3rd. Followed by the highly anticipated announcement (Nov 3). Here is an article that explains QE2 and the possible outcomes: http://online.wsj.com/article/SB10001424052702303891804575576533845166848.html?mod=WSJ_hp_LEFTTopStories Carl Anderson
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The Yuan, USD, and Oil Peg
September 29, 2010 in General Information
The Yuan and Oil Investors and speculators around the world are considering how the global oil price and the price of gasoline at the pumps can be increasing in the face of rising global oil inventories and no increase in demand for anything in the US. The reason for this dates back to the 70’s when the OPEC nations formed and initiated an embargo, while pegging the oil prices against the US dollar, to make up for losses incurred when the US went off the gold standard. In order to […]
Trading in this Volatile Market
May 13, 2010 in General Information
The warning signs were there. Learning from this experience and what to do when the next one hits. By Carl Anderson