The Canadian dollar may find itself taking over the role that the Australian dollar has so clearly coveted since the global economic recovery took hold last year.

As a share of personal income, never before has the private sector contributed so little. Thank god for the government. Without those checks from the feds, we’d all be broke.

There's something else going on -- something much more important and much harder to deal with than an ordinary recession. The feds have thrown everything into the battle to stop this downturn. No matter how you look at it, the ammunition spent in this fight has been spectacular.

Speculators are just doing their job.  They see that the real problem is debt.

How is it possible that people who just discovered capitalism 20 years ago could do a better job of it than Harvard grads motivated by million-dollar bonuses?

Everywhere there are arguments that we are in a "V"-shaped recovery. And there are signs that in fact that is the case. Today we will look at some of those, and then take up the topic of when the Fed will raise rates.

Faith is a deadly trap for the trader.

Little appreciated in the economic literature are the benefits of giving up and letting things collapse.

Traders should watch market reactions to the coming week’s Conference Board Consumer Confidence results, Durable Goods Orders data, and revisions to US Gross Domestic Product figures.

From a purely speculative standpoint, the euro looks as if it is in a good position to post a recovery.