Chart Story. Prices are Falling-So Why are Interest Rates Rising?
Last week we had reports on both producer prices (PPI) and consumer prices (CPI) for April. The headlines were about flat and falling prices. So why are interest rates going up? April PPI showed...
View ArticleCurrency Holdings Have Stopped Rising-Good Sign for Spending
The amount of currency people hold in their pockets and under their mattresses is the single best indicator of the level of fear on main street. Since last summer, when people first got the wind in...
View ArticleDoogie Goes to China
This morning I woke up in the dark to do a 7AM spot with Alexis on Fox Business Money for Breakfast. Our topic was Geithner’s first trip to Beijing to meet with the Chinese officials on U.S./China...
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