John Ing
John Ing Articles
The United States needs a wake-up call and the loss of leadership and credibility on economic issues is exacerbated by the dysfunction and divisive nature on Capital Hill. Also, no longer is the US a reliable partner internationally (...
Mr. Obama’s Robin Hood $4 trillion budget was dependent on $320 billion of additional taxes just to keep the deficit at $474 billon. His stubborn effort will trigger a standoff with the Republican controlled Congress and yet in his...
The Swiss National Bank (SNB) shocked the currency markets when it abandoned the three year currency peg to the euro. Switzerland spent billions of francs to cheapen the franc, loading up its balance sheet which doubled to over CHF1...
Capital markets are supposed to be free of manipulation yet there is little wonder that investors question the integrity of the global banking sector when its participants were so openly greedy, protecting their own interests instead of...
Winter is coming. Drilling deeper into the record market levels, the US is unlikely to fully escape the global headwinds. Namely, in the past six months, the world’s major currencies have fallen more than ten percent against the dollar in...
It is an immediate truth that timing is everything. And an almost immutable truth that no one gets it right. In 2008, the US economy and financial system was brought to a precipice because of too much debt. Reality quickly set in and today...
Seventy odd years ago, the US established the dominance of the dollar enshrined by the Bretton Woods Agreement. Since then, the US supplied the world with greenbacks to run everything from balance of payments to budgetary deficits and of...
At long last, “tapering” is the beginning of the end of the Fed’s loose monetary policy. Already emerging markets have collapsed and interest rates have risen. Bubbles are deflating leaving behind record debt levels. Gold and gold stocks...
Gold rallied over $320 an ounce, ending a month long correction as the euro rose above parity against the dollar. We believe the second leg will begin shortly and will see $375 per ounce before the yearend. Since last year, gold has jumped...
