Monthly Archives: January, 2011
Debunking the China Story
Invest in China, you are told. China’s economy is booming. GDP growth is among the fastest in the world. Since China is growing faster...
Your Dollar’s Silent Decline
According to AAA, the average price per gallon of regular gasoline is $3.12, up 14% from a year ago. But another way of viewing...
The Canadians are Coming
Loonie drives Canadians to U.S. malls By Michael Babad, The Globe and Mail
"Armed with a pumped-up dollar, Canadian consumers are border hopping to hit...
The Perils of Reaching for Yield
Are you reaching for yield? This article in Bloomberg Businessweek illustrates the perils of reaching for yield in reverse convertibles. If the yield looks...
The Latest American Export: Inflation
The Latest American Export: Inflation By Ronlad McKinnon, The Wall Street Journal
"Now we have what one might call the Bernanke shock. The Fed has...