What happened to the price of copper?  Why are Asian stocks going down? Are they really going to cut rates today?  The answers are not always satisfying, but the questions keep coming.  And the question this morning is what has really changed?

Fed Chairman Ben Bernanke broke with long standing tradition in order to express himself on the dollar yesterday.

The price of eggs has gone up 30% in the last 12 months.  Why the big increase?  Because the things that go into making an egg have gone way up – feed for the chickens, heat, light, and transportation.

Bill Bonner writes that all the Fed's hard work can be undone by a single day of trading.

Speculative capital is what the Feds create when they lend money below the inflation rate.  It does not go out and invest in long term projects like steel mills.  Instead, it looks for the hot, rising market -- the one that will give it a quick payoff.

The Big Picture in the oil market is one of the most confusing and complex Bill Bonner has ever seen.

We finally are seeing proof of a cutback consumer spending.  Where is it?

Bill Bonner writes why an eigth rate cut won't matter.

In the space of a single generation, a huge legacy of capital and custom has been squandered.  Now, the United States is the world’s greatest debtor -- by a huge margin.

For the emerging markets, it's getting better all the time.