Blog

It’s been a while since I’ve talked about gold, but once again I have good reason to – thanks to Ben Bernanke and the United States Federal Reserve! The Fed’s latest moves – buying US treasuries as part of its quantitative easing program – has once again sparked fears of inflation. There are still also [...]

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Benjamin Franklin’s old adage “the only things certain in life are death and taxes” is being called in to question – by politicians in the United States. And the answers they come up with on the whole issue of taxation of the American masses looks likely to affect us all…no matter where you live. To [...]

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Had it been April and more particularly April 1st it might well have made some sense. It might have been an April Fool’s prank – albeit in bad taste. But it wasn’t. It was May 6th and the New York Stock Exchange’s (NYSE) 1000 point drop was, in fact, no laughing matter. It was a [...]

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Am I missing something or is the health of the nation taking a back seat to the health of the economy – when it comes to the United States? Lately it seems that everywhere you turn there is something to be said about healthcare reform. There was the health care summit (where Senator John McCain [...]

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Optimism appears to be returning to Wall Street following the release of some log-awaited key United States data. The data – which involved United States banks as well as the country’s unemployment figures – sparked a rally in US stocks. Investors were pleased that the much touted bank stress tests did not throw up any [...]

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What does the future hold for the United States dollar? For those of us who live in Cambodia it’s a burning question. After all many of us are being paid in dollars and pay our way in dollars. It’s also a topic that has been receiving a lot of attention in the press recently. So, [...]

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Cambodians officials who last week put a brave face on the global financial crisis are in good company – like that of former United States President Bill Clinton. After all the former US president said in a recent interview that we ‘will see some good economic news from the stimulus fairly soon.’ He made the [...]

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In 2007, the US market came to the end of a decade-long housing boom which had been characterised by low interest rates and excess liquidity. The rate of home sales began to jump drastically in 2005. Ninja loans (‘No Income, No Job, (and) No Asset’) became common and poor lending practices allowed these loans to [...]

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United States President Elect Barack Obama takes office in just over a month and many are pinning their hopes for an easing of the financial crisis on his Democratic shoulders. In fact there are those who are hoping that they will profit from his election and his policies. After all a brief look at Obama’s [...]

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