Is the Federal Reserve Right?

Federal Reserve

    At the recent FOMC meeting, Bernanke was not clear about timing and even course of the Federal Reserve in ending bond buying program.  Perhaps intentionally, his uncertainty created a lot of volatility in the market. Given this volatility, I think it would be very difficult for the Federal Reserve to signal any type of exit strategy without causing some form of market response. In a way, it makes Federal Reserve a hostage to the markets. … [Read more...]

Can Cyprus Remain a Foreign Exchange Haven?

Cyprus bank

In much the same way that profits earned abroad by American companies are not kept physically offshore, foreign exchange, brokers in Cyprus have been alerting clients that their accounts are not under threat from any confiscatory measures like the savings accounts for the citizens of the island nation. Due to a favorable regulatory regime, Cyprus is one of the top five foreign exchange trading hubs for brokers.  While the gross domestic … [Read more...]

Prepare To Profit From Global Takeovers

Global Takeover

With bullish economic data emerging from China and record capital inflows into the world's exchanges, there should be even more takeover activity around the globe in 2013, particularly in the energy sector. This is the time to prepare to profit from global takeovers. Compared to other countries, China has a stronger currency, $3.2 trillion in foreign reserves, billions more being booked each month in export earnings, and an even more powerful … [Read more...]