It’s a lot more action on Capital Hill than on Wall Street friday. The stock market slides in to a weak ending with a light headwind from the dollar, as the investors park their portfolios in safe havens. But in Washington it’s full storm around treasury secretary Timothy Geithner and his FED-friends, while senator Ted Kaufman [...]

The U.S. stock market contiued to slide thursday as the dollar strengthen. At Capitol Hill treasury secretary Timothy Geithner is facing tough questions from the senators who begins to loose confidence i Geithner and the Obama-administrations ability to handle the crisis. Ananlysts at Société Générale warns about a global debt collaps. “We also recognise that the [...]

While the dollar is slowly depreciating towards zero, and the price of gold, commoditis and stocks has the sky as the limit, Wall Street has become an “El Dorado” for speculative investors. FED chairman Ben Bernanke can’t see any “obvious case that there’s any large misalignments currently in the U.S. financial system.”  And that the [...]

“Think the worst is over? Wrong.” professor Nouriel Roubini writes in his latest commentary. According to Mr. Roubini the U.S. unemployment rate will peak at 11% at the end of 2010, and will remain at high levels for at least 2 years. The damage to the ecomomy will be ”extensive and severe” unless bold policy action [...]

Professor Robert Schiller at Yale University makes some clear statements about the resent signs of economic recovery in an article published in Gulf Times sunday. According to Mr. Schiller the authorities and governments around the world can not claim to have “saved” the world with their policies and measures. They just got lucky, Schiller concludes.   “Where our [...]

More big moves in the forex market are sending new waves through the stock- and commodity markets. The dollar is taking another dive, pushing stocks and most commodities higher. No one makes long term investments in this market. Option traders at Chicago Board of Options Exchange are expecting price swings between 20% and 30% before the end of the [...]

Top Norwegian analyst has taken a closer look at the recovery of the U.S. economy and arrived at the following conclution: “It’s a Miracle” Mr. Stig Myrseth is head of research at the nordic brokarage firm Orion Securities. He’s been awarded as Norway’s “Best Stock Picker” six years in a row. In 2009 his recommended portfolio has gained [...]

Chairman of the US Senate Banking Committee, Christopher Dodd porpose a new financial overhaul bill before the Congress. The bill includes the establishement of a financial regulatory administration that will take away the supervision authority of Federal Reserve and FDIC, and limit the FED’s lending. “The Federal Reserve will focus on monetary policy without being distracted by [...]

The main trend in the stock market will probably be positive moving towards Easter next year, Norwegian top analyst, Stig Myrseth at Orion Securities says, adding that the most critical factor to watch out for is the central banks. “The stock market is protected” Stig Myrseth  (Article in Norwegian)   - Antakelig vil hovedtrenden være positiv frem til påske. Hva [...]

In the 80’s U.S. investors lost $1 trillion in sovereign loans, but investors continue to believe these assets aren’t risky, Mr. Michael Milken, chairman of Milken Institute,  told investors at a conference in New York thursday. According to Mr. Milken souvereign debt can be 200% more risky than ordinary lower rated industrial bonds. “ This dramatic example tells us [...]