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Markets are constantly in a state of uncertainty and flux and money is make by discounting the obvious and betting on the unexpected. - George Soros

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Entries Tagged ‘Contention’

“Equity positive” and Stronger dollar

Lower crude prices and a stronger dollar may well be perceived by investors to be “equity positive,” but I am cautious in my valuation of the dollar at this time. The true value of a dollar is not in how it is rising or falling against other fiat currencies, but in actual buying power in [...]

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Did Bank of America write the Dodd bailout bill?

Those following the progress of the Dodd-Shelby mortgage rescue plan in the Senate might want to check out two solid pieces of enterprising reporting on the bill this weekend.
First, the Examiner’s Tim Carney reports that the bailout section of the Dodd-Shelby bill is, in the words a lobbyist, “exactly what Bank of America and Countrywide [...]

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