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Bracing for an Economic Blizzard 01-26-15

Residents on the East Coast are bracing for an epic blizzard that is expected to dump as much as three feet of snow in parts of New England, also accompanied by high winds that threaten wide-spread power outages. The approaching storm sent many traders in New York home early today, resulting in relatively light trading volume despite normal exchange operating hours. Read more about Bracing for an Economic Blizzard 01-26-15

The Real Reason for $50 Oil 01-20-15

Talk about oil these days frequently focuses on its extreme sensitivity to supply and demand. Between 2011 and 2014, worldwide demand for oil increased by about 3 million barrels per day, despite a decline of one million barrels in European demand. During the same period, non-OPEC supply increased by a little less than 4 million barrels a day. Read more about The Real Reason for $50 Oil 01-20-15

Fed Watchers Should Focus Their Binocs Elsewhere 01-12-15

Like Cold War Kremlinologists studying the high-ranking personnel who appeared at Soviet May Day parades for clues on shifting powers within the regime, every six weeks analysts pour over the U.S. Federal Reserve policy meeting minutes to discern when the central bank might begin to raise short-term interest rates. Read more about Fed Watchers Should Focus Their Binocs Elsewhere 01-12-15

No One Wins in this Staring Contest 01-05-15

The New Year is just five days old and the euro is already shaping up to be one of the big stories of 2015. Quietly, this story has been developing for some time now. The currency has been down trending since last March but really picked up speed in recent months. Faced with the prospect of Greece’s departure from the monetary union, the euro has reached its lowest level relative to the U.S. Read more about No One Wins in this Staring Contest 01-05-15

Greece Stability: Feta Strong 12-29-14

Political stability in Greece is once more proving to have all the tensile strength of a block of feta cheese. The Samaras government’s candidate for president failed to win approval from lawmakers after a third vote. That forced the center-right government to call for national elections to be held January 25.

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