Richard Lee

US Dollar Strength May Be Tempered By Near-Term Resistance
The strength of the greenback has been all the more surprising given the dismal status of the US economy, but since the currency has managed to hold on to its status as a "safe haven" asset, fundamentals frankly do not matter at this juncture.

Treasury Secretary Paulson Abondons Plan To Purchase Asset-Backed Securities
Wading through Paulson's assessment of the situation so far, the real meat of the official's statement came through his plans for ongoing priorities to help stabilize the markets and economy.

Treasury Secretary Paulson Abondons Plan To Purchase Asset-Backed Securities
Wading through Paulson's assessment of the situation so far, the real meat of the official's statement came through his plans for ongoing priorities to help stabilize the markets and economy.

Treasury Secretary Paulson Abondons Plan To Purchase Asset-Backed Securities
Wading through Paulson's assessment of the situation so far, the real meat of the official's statement came through his plans for ongoing priorities to help stabilize the markets and economy.

Treasury Secretary Paulson Abondons Plan To Purchase Asset-Backed Securities
Wading through Paulson's assessment of the situation so far, the real meat of the official's statement came through his plans for ongoing priorities to help stabilize the markets and economy.

Dollar Congestion Belies High Volatility, Bigger Fundamental Problems
Fourth quarter GDP numbers may be months away, but data suggests a recession is already underway.

Market Impact Of European Central Bank And Bank Of England Rate Cuts
A year ago, many economists and traders believed the US financial crisis would stay within the boarders of the world’s largest economy and other countries would be immune to the economic consequences. However, today’s side-by-side Bank of England and European Central Bank rate decisions have certainly banished any lingering skepticism that Europe was feeling the pinch of a broad recession and ongoing difficulty in the financial and credit markets.

Will The Dollar Find Strength In A Turn For Fed Fund Rate Forecasts?
Now with the Fed Funds rate matching its lowest level since the Bretton Woods pact collapsed, we can see speculation beginning to take a hawkish turn through further months.

Panic Eases But Conditions Far From Favorable
While liquidity fears have been quenched by unlimited access to dollar funds, sharp interest rate cuts and global bailout efforts, the markets have merely passed through one phase of a much broader financial crisis.

Panic Eases But Conditions Far From Favorable
While liquidity fears have been quenched by unlimited access to dollar funds, sharp interest rate cuts and global bailout efforts, the markets have merely passed through one phase of a much broader financial crisis.