Bill Tedford is encouraging investors to bet against remarks by Federal Reserve Chairman Ben Bernanke, who told a group of Washington-area business leaders this month that “inflation could move lower from here.”
Production is starting and should hit mass-market stride in February
Dec. 28 (Bloomberg) — The dollar may appreciate 5 to 10 percent against the euro in the “near term,” according to Marc Faber, publisher of the “Gloom Boom & Doom” newsletter.
Might the recovery be more robust than widely expected? Wall Street’s most respected pessimist thinks so.
NEW YORK (Reuters) – Tighter security measures at U.S. airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say.