Tag: economy
Global Credit Crisis Impacts Japan
Let me ask you a question. How well do you remember 1983? It was an interesting year. Ronald Regan was President, the US was gripped by Tylenol poisoning in Chicago, the Vietnam Memorial was opening, and unemployment hit 10%. Believe it or not, the Dow Jones Industrial Average closed trading that year above 1,000. So […]
Oil Prices To Fall Further Despite Production Cuts
Did you see the news today about OPEC? We’re entering a global recession, and they cut oil production by 1.5 million barrels a day. OPEC (Organization of Petroleum Exporting Countries) for those of you who don’t know is a global cartel of oil producing nations who meet regularly to set production levels. They have the […]
Falling Dollar’s Effect On Stock Market
Lately, the US markets have been whipsawing back and forth. Up 100, down 100, up 100. It’s hard to find a trend in markets like these, but I’ve found one . . . the US dollar. It seems like the US dollar has fallen every day for the last few months. For some people this […]
