Home prices improve for third straight month Sep 30, 2009
Prices in Las Vegas, one of the most speculative markets during the boom, are down more almost 55 percent from their peak. In August, almost 80 percent of home resales in Nevada were either a foreclosure or a sale below the value of the mortgage, according to a survey by the National Association of Realtors. (MSNBC -- Business)
The Case for Higher Interest Rates Sep 24, 2009
Indeed, many believe the current global stock-market rally is nothing but hot money borrowed from central bankers gushing into speculative markets for a quick return. Give people vast sums of essentially free money, and, remarkably enough, they tend to play fast and loose with risk. (The American Conservative)
Hard facts ignored Aug 18, 2009
Highly speculative markets react haphazardly, sloshing liquidity out and about. As is commonly understood, employment conditions are a somewhat lagging economic indicator. (Asia Times Online)
Treasury proposes new regulation for derivatives' Aug 12, 2009
95 billion dollars, down 66% from last year, the price of oil on speculative markets rose more than $3 ... "The price of oil is still being driven by trading on speculative markets," said Judy Dugan, research director of Consumer Watchdog. (Fresno Bee -- Business)
Bubble hazards mount Aug 4, 2009
Huge credit growth, market price distortions (especially the under-pricing of risk), highly speculative markets, and prolonged asset inflation are inevitably indicative of some underlying monetary/credit disorder. I want policymakers out of the business of targeting or tinkering with the asset markets and market yields. (Asia Times Online)
Shiny days ahead for silver Jul 11, 2009
And to the effect that US speculative markets influence world markets, "Relative to the total world wheat crop, the 6,500 position limit represents 0.16% of the total 20 billion bushel crop", which pretty much rules out any global plots, schemes or scams to corner the wheat markets. On the other hand, things are ripe for plucking, because "In silver, there are no hard position limits in force. There used to be, but the CFTC allowed the COMEX to replace hard position limits many years ago.... (Asia Times Online)
Losing King Bhumibol Concerns Don't Deter Faber's Long Bets on Thailand Jul 9, 2009
Thailand had gone deeply into debt, had invested in many projects that were clearly inappropriate and had allowed speculative markets in stocks and property to run riot, according to a 2007 report. In July 1997, Thailand could no longer keep its currency, the baht, pegged at 25 to the U.S. dollar. (Bloomberg)
Destabilizing USmust change course Jul 3, 2009
Liquidity injection by the Fed has found its way into speculative markets such as stock and commodity markets and pushed asset prices into another speculative boom. As in previous testimony, Bernanke has dismissed the presence of any inflation or inflationary threat, saying: "In this environment, we anticipate that inflation will remain low. As a consequence, inflation is likely to move down some over the next year relative to its pace in 2008." Yet, gas prices shot up by 30% and food prices... (Asia Times Online)
STEP AWAY FROM YOUR COMPUTER! May 31, 2009
Low top marginal tax rates drive speculative markets. Instead of keeping money in a business, low marginal rates on personal income compel the business owner to take higher personal income, and simply look at the places his friends are dumping their discretionary cash. (Atlanta Journal-Constitution -- Opinion)
Donors give $1.5 million to College of Business Feb 26, 2009
Officials are in the process of brainstorming a financial live trading facility where courses dealing with speculative markets, investments and securities analysis will become available. In addition to the $1. (The University Echo, TN)
