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US Durable Goods orders dropped while consumer spending and consumer confidence are down. Corporations are not hiring new employees or investing, despite sitting on 2 trillion dollars in reserves. The financial markets are once again concerned with the growing number of people still being fired, and home sales are down to record levels – due […]
June 29, 2011
Joel Borshof, President and CEO of IMEX Examines Foreign Currency Exchange Developments Resulting From the Greek Debt Crisis on “Brainstormin’ with Bill Frank. AM 1400 KKZZ Listen here
January 3, 2011
1. Here we are in the New Year, back to the old year news. The euro weakened vs the US dollar on the forex market due to once again rising sovereign debt issues. See Article: Euro Falls Most in Two Weeks on Concern Europe Fund Raising May Struggle – Reuters 2. Chinese monetary authorites are allowing interest rates to […]
August 17, 2010
Who’s the leader of the Pack? No One The US dollar is up… for today anyway. It’s down tomorrow. The Nikkei (Japan) stock market is up, and the US and Europe equities market is down. Recently, Spain’s debt rating gets downgraded by Fitch (Rating agency) impacting the Euro, sovereign and corporate debt pricing, stock pricing […]
September 30, 2011
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