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Peter Krauth: My eyes nearly popped out of my head when I read this headline: “Iceland Considers Adopting Canadian Loonie.” The loonie is otherwise known as the Canadian dollar (NYSEArca:FXC). Read more…
Dominique de Kevelioc de Bailleul: Wonder why European leaders appear more like a rotating cast of bumbling 3 Stooges than a team of coordinated fraternal bureaucrats throughout the debt crisis in Read more…
Chris Ciovacco: Since financial stocks make up 14% of the S&P 500 Index, it is difficult to sustain a rally without strength in banks and financial services firms. With the Fed and ECB opening up the liquidity fire hydrant in late December 2011, bank stocks experienced another in a series of monster bailout Read more…
Dominique de Kevelioc de Bailleul: In an article authored by famed investor Warren Buffett, titled, Warren Buffett: Why stocks beat gold and bonds, he attempts to dissuade investors from accumulating gold (again) as insurance during the ongoing financial crisis. Read more…
JR Crooks: I wrote this in Money and Markets on January 14 regarding my outlook for the euro: Read more…
Richard Rittorno: A quick update on euro and sterling ahead of the European Union (NYSEArca:VGK) meeting scheduled for January 23. In overnight trading the EUR/USD pushed as Read more…
Joseph Hogue: Despite the sluggish global picture and the trend in rate cuts from most central banks,Colombia’s central bank raised rates recently — the only country in Latin America to do so — on continued strong domestic growth and inflationary expectations. Read more…
Jack Crooks: As I watched the ECB news conference on Thursday, I kept wondering how the ECB president, Mario Draghi, could have so completely rejected the idea that the ECB will get into the Read more…
Last week saw a flurry of data from the U.S. market which signaled to many that the country’s economy was slowing down. Unemployment was up and manufacturing and sales were both lower Read more…
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