Stocks, Commodities, Forex Overview: Must Watch Forces and Events, March 8-12, 2010
by Cliff Wachtel CPA March 07, 2010

Just last week at the end of February, the recovery and risk assets (stocks, commodities and in FX commodity dollars and the euro) were struggling.
However, positive news suggesting Greece could avoid default (over the coming months at least), incremental improvements in the US employment picture and other positive economic data kept markets moving in the right direction all week long. Does this mean it’s safe to open new long positions in risk assets?
Read more…

America’s Commodity Crisis, 2010 Edition
by Philip Davis March 07, 2010

Commodities are a TAX. They are the worst kind of tax because they flatly (not progressively) charge every man woman and child in this country more money for the same food, fuel, shelter and clothing that they had to have last week in order to live. It doesn’t matter if those people are trying to save or trying to tighten their belts or trying to get out of debt – high commodity prices are a shake-down that rips money out of the pockets of the middle class and funnels it to the very, very small class of commodity producers, commodity speculators and the people who finance them and collect the fees.
Read more…