UPDATE ON THE STOCK MARKET . Witten Friday, June 20th, 2008: 6:30 a.m. Looked to me like yesterday’s stock market rally was a knee-jerk reaction to China announcing it was going to raise oil prices by 17%. Crude dove on the news while stocks jumped. But if one thinks it through, is China raising...
Global Inflation a Problem . We’ve got a growing problem with US and global inflation, no matter what our Federal Reserve Bank says. Although our Fed ignores them, or says they will go down soon, food and energy costs are rising and global, right? Thus higher inflation is a global issue. ASIA . Many...
GLOBAL VIEW . CHINA , THE OLYMPICS & STEVEN SPIELBERG . Trouble Begins! Looks like exactly what China’s government has to fear is starting to unfold. You see, famous American film-maker Steven Spielberg had signed up to add some glitz to the upcoming August Beijing Summer Olympics ceremonies. But...