Information about finance, the economy and business. Entertaining and informative. Seeking Alpha Certified Mark Sunshine Chairman & CEO

Archive: Mar 2011

  1. Does $100 Oil Kill All Business Activity?

    High oil prices tend to trig­ger a so-called “neigh­bor­hood effect” where selected man­u­fac­tur­ing busi­nesses that are located closer to their cus­tomers get a price advan­tage over com­peti­tors that are located far away. That is because local busi­nesses have lower trans­porta­tion costs than their out of town, or out of coun­try, com­peti­tors. [read full story]

    Posted in: economy, Energy, Oil, Public Policy
  2. LIBOR Manipulation Redux" rel="bookmark">LIBOR Manipulation Redux

    Back in 2008 my very first blog entry was about LIBOR and whether or not it was a real or imag­i­nary inter­est rate. Since that time I wrote another six arti­cles on the topic and got sin­gled out by the British Banker’s Asso­ci­a­tion, the pub­lish­ers of LIBOR, for spe­cial treat­ment and crit­i­cism. Start­ing about two weeks ago it […] [read full story]

    Posted in: BANKS, Finance, LIBOR
  3. The Inflation Monster Is Tame

    Despite the quick run up in gaso­line prices, the U.S. econ­omy isn’t about to be eaten by the infla­tion mon­ster. While it is a good bet that some­time in the next few years the Fed will have to deal with ris­ing infla­tion, now isn’t the time to change mon­e­tary pol­icy in an effort to slay […] [read full story]

    Posted in: CPI, Deflation, Economic Statistics, economy, Finance, Inflation, M2, Monetary Policy, Oil, Public Policy
  4. Renminbi to Replace the Dollar as King of Currencies? Not Likely

    There is a lot of spec­u­la­tion that the dol­lar is los­ing ground to the Chi­nese ren­minbi and that sooner or later the Fed will share the global stage with Chi­nese mon­e­tary author­i­ties. Chi­nese gov­ern­ment offi­cials and Jere­miad west­ern eco­nomic fore­cast­ers who claim that the ren­minbi will replace the dol­lar as the world’s pre­mier cur­rency cer­tainly […] [read full story]

    Posted in: China, Economic Statistics, economy, Finance, M2, Monetary Policy, Money Supply, Public Policy, Seeking Alpha, Trade, Trade Finance