Saturday, 4 December 2010

Moneynews.com


Weekly Roundup From
The Financial Brain Trust

David Frazier: European Debt Crisis Never Left . . . but the Media Did
Although the burdensome sovereign-debt situation of several European countries might negatively affect certain commercial banks during the months ahead, because those banks will likely face difficulty in collecting the full amounts of loans that they’ve extended to countries whose budget deficits account for a large portion of their gross domestic product, there’s nothing new about that situation – the European debt crisis that began during late 2009 was never resolved . . . get the full story, click here.

Sean Hyman: Korean Tensions Should Bolster US Dollar
Here’s one thing that I’ve learned about watching currency movements when bullets start flying: Since the U.S. tends to go overseas to head to war, money tends to run away from the region that becomes the potential battlefield and it runs back toward the U.S. . . .get the full story, click here.

Ashish Advani: It’s Not Too Late to Hop Aboard Asian Express
I love it when a plan comes together. It was just last week that I had announced to you that Asia was on sale. Since then, we have seen a fantastic rally in the Asian markets. Boy, have they taken off again . . . get the full story, click here.

David Skarica: Gold Will Continue to Scale the ‘Wall of Worry’
Sentiment plays an important role in bull markets. There is an old adage that a bull market climbs a wall of worry. This means that the press or investment industry will talk negatively despite the fact that a market, sector or stock is climbing in price . . . get the full story, click here.

Bill Spetrino: Donald as President Means Trump to Obama: 'You're Fired'
With today’s 9.8 percent unemployment figure and the buffoons in Washington wanting to raise taxes on the majority of successful small-business owners, I have come to the conclusion that we need someone who has actually created jobs to be our next president . . . get the full story, click here.