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By Joshua E. Stone

Monetary Policy:
Expect the Fed to keep the Federal Funds Rate at current levels near 0-.25% for the remainder of this year at least. I know this might come as shock to many, and it repeats last year’s forecast verbatim. The fed has new tools at its disposal beyond the scope of this article, but suffice it say the current language “extended period of time” means “we are not changing this language for at least 3-6 months”; when...

From film to finance, the internet offers a beacon of innovation for America’s economic future...while the high tech manufacturing sector fights to survive the onslaught of new taxes, America struggles to gain its footing in an uncertain and frothy recovery.


Is the recovery for real? That is the biggest question of the year for many people. Looking back on 2009, it was quite a year. It did not offer up as much historic volatility in the markets that 2008 did, but behind the...

By Joshua E. Stone

The Dollar is increasingly frowned upon as a world reserve. As of Oct 6th gold surged to new highs. This was helped by the global meetings to talk about creating a new reserve currency not pegged to the dollar. But this comes as no surprise to those following my blog or those paying attention to the “recovery”.
We have a few reasons for these rallies in stocks and commodities: the “psychological” rally, the “recovery” rally, and then there is the “nothing...

Stock rally forecasts a strong recovery in Q4, but glittering gold spells out risk aversion and inflation on the horizon.

I heard an analyst say something profound this summer: don’t miss the market. Clearly the equity bears have done just that this summer. The question is why the market has shrugged off the bad fundamentals so many have pointed out this year. The answer might be pretty simple: the S&P 500 is a forward looking instrument. It is pricing the health of the economy...

2009 will be known as the summer WEB 2.0 overthrew the mainstream media as Twitter and other blogospheres shatter the Medias own imposed glass ceiling by eliminating the six degree separation of the “experts” from the “masses”

What am I talking about? Van Jones of course. The mainstream media is livid that what they are calling the ‘sewage” of the internet has usurped their power and is now the media that decides what the President can say to schoolchildren, who he appoints to his...