Impending national bankruptcy is no reason to expect Washington to stop spending at full tilt. As I sit to write to you today, the market is up for the third day in a row. This brings a bit of...div class="feedflare" a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=KG_-BV2_VE8:e_xAVUy9h1Y:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/taipan?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=KG_-BV2_VE8:e_xAVUy9h1Y:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/taipan?i=KG_-BV2_VE8:e_xAVUy9h1Y:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=KG_-BV2_VE8:e_xAVUy9h1Y:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/taipan?i=KG_-BV2_VE8:e_xAVUy9h1Y:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=KG_-BV2_VE8:e_xAVUy9h1Y:wd9GD17jvC4"img src="http://feeds.feedburner.com/~ff/taipan?d=wd9GD17jvC4" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=KG_-BV2_VE8:e_xAVUy9h1Y:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/taipan?d=l6gmwiTKsz0" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/taipan/~4/KG_-BV2_VE8" height="1" width="1"/

$80 Oil? So what! What will the White House do when it hits $120? “Oil down to $80!” A year ago, that headline was impressive, because crude futures had been hanging out around $144 a barrel, and...div class="feedflare" a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HNM95zA91nU:VeDGRtBTOHI:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/taipan?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HNM95zA91nU:VeDGRtBTOHI:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/taipan?i=HNM95zA91nU:VeDGRtBTOHI:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HNM95zA91nU:VeDGRtBTOHI:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/taipan?i=HNM95zA91nU:VeDGRtBTOHI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HNM95zA91nU:VeDGRtBTOHI:wd9GD17jvC4"img src="http://feeds.feedburner.com/~ff/taipan?d=wd9GD17jvC4" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=HNM95zA91nU:VeDGRtBTOHI:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/taipan?d=l6gmwiTKsz0" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/taipan/~4/HNM95zA91nU" height="1" width="1"/

Whoever would have thought that some people once called economics the most dismal of sciences? Certainly, as the current crisis goes on and on, those of us who consider ourselves to be economists scarcely are able to find the time to squeeze in a dull moment, even here and there. But even at a broader level, interest in that most dismal of dismal topics - the theory and practice of central banking - seems now to fire up levels of enthusiasm here in Spain that make even the appetising prospect of a forthcoming Real Madrid-Barça football match pale in intensity. Even if it is the case, I have to admit, that the everyday Johnny (or Jill) come lately sitting in the bar still - truth be told - prefers the sports columns of the daily newspapers, or the lacivious details of the latest romantic adventure of one of the rich ...

For the second time in the space of a month the FTSE 250 has cracked below its 20-day moving average. The last time this occurred was early summer; then the index went on to spend a few weeks below this moving average, making a new lower low, before resuming the trend higher. br /br /a href="http://1.bp.blogspot.com/_WWGUfU1tOjI/Subcj5nlA5I/AAAAAAAABCY/YGpZ_jQiADA/s1600-h/Stock+Chart+a16.png"img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 176px;" src="http://1.bp.blogspot.com/_WWGUfU1tOjI/Subcj5nlA5I/AAAAAAAABCY/YGpZ_jQiADA/s320/Stock+Chart+a16.png" border="0" alt=""id="BLOGGER_PHOTO_ID_5397243712770474898" //abr /span class="fullpost"A similar event here should see a test of the 902.50 low -which was both an August reaction high and the early October reaction low - with the potential to drift down to 867 if a more protracted decline kicked in. Intermediate trends in the market tend to run between 3 weeks and 3 months with the current end-of-year a handy time scale for a flat/downward phase. br /br /A more serious decline (one lasting months) would require confirmation of ...

Whoever would have thought that some people once called economics the most dismal of sciences? Certainly, as the current crisis goes on and on, those of us who consider ourselves to be economists scarcely are able to find the time to squeeze in a dull moment, even here and there. But even at a broader level, interest in that most dismal of dismal topics - the theory and practice of central banking - seems now to fire up levels of enthusiasm here in Spain that make even the appetising prospect of a forthcoming Real Madrid-Barça football match pale in intensity. Even if it is the case, I have to admit, that the everyday Johnny (or Jill) come lately sitting in the bar still - truth be told - prefers the sports columns of the daily newspapers, or the lacivious details of the latest romantic adventure of one of the rich ...

Ken Fisher is a money manager, Forbes columnist, and is one of the Forbes 400 richest Americans. He is also author of several books, including his two latest, a href="http://www.amazon.com/gp/product/0470285362?ie=UTF8tag=antiquestocka-20linkCode=as2camp=1789creative=9325creativeASIN=0470285362"The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!) (Fisher Investments Press)/aimg src="http://www.assoc-amazon.com/e/ir?t=antiquestocka-20l=as2o=1a=0470285362" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;" / and a href="http://www.amazon.com/gp/product/047052653X?ie=UTF8tag=antiquestocka-20linkCode=as2camp=1789creative=9325creativeASIN=047052653X"How to Smell a Rat: The Five Signs of Financial Fraud (Fisher Investments Press)/aimg src="http://www.assoc-amazon.com/e/ir?t=antiquestocka-20l=as2o=1a=047052653X" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;" /br /br /Ken Fisher Interview Part 4br /br /span style="font-weight:bold;"Stockerblog/span: I wanted to talk just a bit about con men versus con women. Do you see more women becoming con artists in the future or do you think it will primarily be men?br /br /span style="font-weight:bold;"Fisher/span: The history, as I mentioned in the book a href="http://www.amazon.com/gp/product/047052653X?ie=UTF8tag=antiquestocka-20linkCode=as2camp=1789creative=9325creativeASIN=047052653X"How to Smell a Rat/aimg src="http://www.assoc-amazon.com/e/ir?t=antiquestocka-20l=as2o=1a=047052653X" width="1" height="1" border="0" alt="" style="border:none !important; ...

It’s official: Washington and Wall Street are run (and overrun) by evil clowns. Revelations in and around the markets this past week give testimony to that fact... And I sincerely believe, with you,...div class="feedflare" a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=H7QcEoOYv34:WLLHtoEP6zQ:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/taipan?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=H7QcEoOYv34:WLLHtoEP6zQ:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/taipan?i=H7QcEoOYv34:WLLHtoEP6zQ:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=H7QcEoOYv34:WLLHtoEP6zQ:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/taipan?i=H7QcEoOYv34:WLLHtoEP6zQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=H7QcEoOYv34:WLLHtoEP6zQ:wd9GD17jvC4"img src="http://feeds.feedburner.com/~ff/taipan?d=wd9GD17jvC4" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=H7QcEoOYv34:WLLHtoEP6zQ:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/taipan?d=l6gmwiTKsz0" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/taipan/~4/H7QcEoOYv34" height="1" width="1"/

When the market rally comes to an end, Washington and Wall Street will convince the herd why it ended – no matter how twisted or strange. One of the more peculiar pastimes for technical analysts...div class="feedflare" a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=w7TS3v0CM4w:Jq9y8ravKA8:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/taipan?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=w7TS3v0CM4w:Jq9y8ravKA8:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/taipan?i=w7TS3v0CM4w:Jq9y8ravKA8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=w7TS3v0CM4w:Jq9y8ravKA8:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/taipan?i=w7TS3v0CM4w:Jq9y8ravKA8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=w7TS3v0CM4w:Jq9y8ravKA8:wd9GD17jvC4"img src="http://feeds.feedburner.com/~ff/taipan?d=wd9GD17jvC4" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=w7TS3v0CM4w:Jq9y8ravKA8:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/taipan?d=l6gmwiTKsz0" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/taipan/~4/w7TS3v0CM4w" height="1" width="1"/

Hungary's economic correction still fails to convince. Indeed I am not the only one who remains unconvined by the viability of what is currently taking place it seems, since according to the opposition supporting local daily newspaper Magyar Hírlap, none other than the Hungarian Prime Minister himself may be having doubts, as he is reportedly thinking of leaving the helm of the struggling ship placed under his charge before the next general election, which is scheduled to take place sometime early next year. If this version of events is ultimately confirmed it will only add to the IMFs growing problems out East, since events in Latvia are not going at all according to their liking - see FT Alphaville's Izabella Kaminska's "Another Latvian wobble" of last Friday - and indeed Latvia’s government rapidly cobbled together another 275 million lati ...

Was Joe Wilson a Republican hit man with no class, or was he a patriot for acting as he did? Can our politicians handle the challenge of aggressive debate, or is that simply asking too much of...div class="feedflare" a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lkOnTwR__6c:QOXBPEg3bc8:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/taipan?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lkOnTwR__6c:QOXBPEg3bc8:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/taipan?i=lkOnTwR__6c:QOXBPEg3bc8:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lkOnTwR__6c:QOXBPEg3bc8:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/taipan?i=lkOnTwR__6c:QOXBPEg3bc8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lkOnTwR__6c:QOXBPEg3bc8:wd9GD17jvC4"img src="http://feeds.feedburner.com/~ff/taipan?d=wd9GD17jvC4" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lkOnTwR__6c:QOXBPEg3bc8:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/taipan?d=l6gmwiTKsz0" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/taipan/~4/lkOnTwR__6c" height="1" width="1"/