Forex Signals

WTI Crude: Cheaper Than Brent Oil for the Foreseeable Future
by David Fessler, Investment U Senior Analyst
Monday, December 12, 2011
The gap between West Texas Intermediate (WTI) crude and Brent, its international counterpart, has been cut in half in recent weeks. Just a few months ago, the price difference was $23 a barrel. Lately it’s under $10 [...]

Quotable
“Given the magnitude of the crisis it is again too little too late. It will bring relief partly because the markets were so obsessed by the lack of leadership. The mere fact that something was achieved was a major relief and it will be good for any time from one day to three months.”
                                    George Soros
Commentary [...]

Quotable
"No iron spike can pierce a human heart as icily as a period in the right place."
                                    Isaak Babel
Commentary & Analysis
Bank of America executives may know more than we think!
Yesterday, while sitting comfortably in my living room, sipping a generous dram or two of 16-year Lagavulin (an Islay single malt scotch to the downtrodden [...]

Quotable
“I might at this point interject a little tidbit that typifies our government and Congress. The Pythagorean theorem consists of 24 words. Archimedes’ Principle is 67 words and the US government regulations for The Sale of Cabbage consists of 26,911 words!!”
                                          Adrian Krieg
Commentary & Analysis
The Fed: their toolbox is bigger than yours.
Perhaps the only [...]

Source: ForexYard

The price of corn was seen plummeting Friday after a US Department of Agriculture (USDA) study found both stockpiles and seeded areas to be larger than market forecasts. The whopping 92.28 million acres of land seeded this spring was the largest since World War II, with farmers overcoming the relatively colder and wetter period [...]

NEW YORK (CNNMoney) — General Motors has recalled 154,112 Chevrolet Cruze models in North America to inspect for proper installation of the steering wheel, the automaker said late Wednesday.
Of those 2011-year models, 120,295 with automatic transmissions will be checked for proper installation of their transmission shift linkage. Vehicles on dealer lots will also be [...]

WASHINGTON (CNNMoney) — In 2010, chief executives at some of the nation’s largest companies earned an average of $11.4 million in total pay — 343 times more than a typical American worker, according to the AFL-CIO.
“Despite the collapse of the financial market at the hands of executives less than 3 years ago, the disparity between [...]

Company earnings have always been prone to sudden spikes and swoons. That’s why it’s a bad idea for stock investors to rely too heavily on value signals the price-to-earnings ratios.

Some changes to earnings, however, are less surprising than others. In the mid-1990s, an accounting professor named Richard Sloan uncovered something called the accrual anomaly. “Anomaly” [...]

QE2 has been “at least modestly successful” so far
$600 bln QE2 number is “very much reviewable and changeable”
Quite a bit of tax compromise was anticipated in markets
Concerned about impact of QE on commodity prices, worth keeping an eye on
Crisis in Europe “very serious” , long road ahead

If you take the euro zone as a whole, its deficit will be lower than both the US and Japan next year.
But it’s not consolidated, is it JC? If it were, you wouldn’t have to work every weekend on some bailout package.
File that under nice to know but useless in the real world…
Hard work is [...]