Inflation Waiting in the Wings (Copper Wiring)
Although producer prices fell 0.6% in September, producers who rely heavily on commodities as inputs…
Dr. Duru
Dr. Duru TIPS Make Fresh 52-Week Highs
The iShares Barclays TIPS (Treasury Inflation-Protected Securities) Bond Fund (TIP) made its biggest one-day gain…
Home Prices In London Surpass Record Set Two Years Ago
The Guardian reports that “London house prices surge past 2007 record high“: Property asking prices…
Las Vegas Down to 3-Months Inventory of Homes – and Buyers Are Going Crazy
Las Vegas provides more evidence that post-bubble housing markets are flaring up again. CNBC reports…
The World Steel Association Projects 2010 Steel Demand to Return to 2008 Levels
The World Steel Association (worldsteel) forecasts for 2010 confirm my earlier view that steel demand…
China Tries to Gain Better Control Over Increasing Bills for Commodities
The Wall Street Journal reports: “China Targets Commodity Prices by Stepping Into Futures Markets.” Apparently,…
Costco’s Employee Healthcare Costs Rise 25%
Costco (COST) reported a 25% increase in healthcare costs in its fourth quarter conference call.…
Reserve Bank of Australia Takes First Proactive Steps to Tighten Monetary Policy
Tonight, the Reserve Bank of Australia (RBA) took the first step of any country in…
What Is the Deal with Steel Production and Prices?
Last week, I noticed media headlines screaming the horrible news that “Crude steel output in…