Consumers aren’t borrowing anymore.  Consumer credit is going the other way, shrinking rather than growing.

James Mound reviews futures and commodities in his weekly report for the week of September 21.

This week we continue to look at what powers the forces of deflation.

The markets rise. The economy sinks. It is not sinking as fast as it was. But it is still going down. Month after month, the number of people without jobs increases.

Is gold going up or down?

The US consumer was counting on rising house prices to pay for his retirement.  Now, he's disappointed and worried.  What can he do?

Mom and pop don't want to borrow. They've been through 10 years of losing money on Wall Street. Stocks are no higher now than they were a decade ago.

What is most remarkable about the world a year after Lehman fell it is that so little seems to have changed.  Even the papers have noticed.

The human mind can rationalize a lot of things. Unfortunately, being human, it can also rationalize incorrectly.

James Mound reviews futures and commodities in his weekly report for the week of September 14.