The trouble with inflation today is that it is the worst kind of inflation. It makes prices go up, but not incomes.

This week we turn from the crisis brewing in the US to the one that is coming to a slow boil in Europe.  We visit our old friends Greece and Ireland and ponder how this will end.

Instead of following market direction, traders always want to fade it, because they think they know best.

James Mound reviews futures and commodities in his weekly report for the week of May 16.

China has the biggest, newest, most daring and innovative buildings. It has the fastest trains, the most roads and cars. The richest. The poorest. It has everything.

No Great Correction in China. Instead, the economy is booming. But prices are rising, threatening China’s economy, and not doing any favors to the US either.

In America, you are supposed to be self-reliant, self-sufficient and independent. You should believe that you are responsible for your own success. What if it weren’t true?

What does Mike Paulenoff see in the S&P 500 technicals?

The Great Correction wants to tell the truth -- that there's too much debt in the system.

Who wants to hold dollars when inflation rates are rising and the dollar is currently losing ground at the rate of more than 7 percent a year? Damned if you do. Damned if you don't.