Ronald Reagan | A True Intelectual Conves  to  The Public New Ideas on a wide range of subjects, unearthing these notions long before most people do. That is the essence of Nobel laure­ate Friedrich von Hayek’s definition of an intellectual. In his 1949 University of Chicago Law Review essay “The Intellectuals and Socialism,” Hayek also [...]

My barber is conveniently located just across the road from my house and, believing that a hair cut is a hair cut whatever the trappings of the  establishment, I am happy to opt for convenience MY MONTHLY TRIPS ACROSS THE ROAD OFTEN serve as an opportunity to catch up on the neighborhood gossip. So it [...]

The global financial crisis that occurred in the United States has led to the economic slump that is in the U.S. economy. The financial crisis that originated from the subprime mortgage crisis was weakening some U.S. financial institutions. For the financial giant Lehman Brothers could collapse. In fact he was not alone, another giant business [...]

The Foreign Exchange market (Forex) is truly the largest exchange in the world. The amount of dollars traded on the Forex market on a daily basis is in the trillions. Most of this currency trading takes place between between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. However, [...]

There are 4 of these major economic theories when you are involved in trading currencies. It is extremely important that the “rookie” investor/trader understand the theories involved as it lends a better perspective as to the trading philosophies that are employed by investors who actively participate in the Forex market. Theory #1 – Balance of [...]

Forex trading is the simultaneous buying of one particular currency and sell the same time, some other currencies. Forex trading is not an exact science, but it is a cost-benefit analysis with fundamental and technical and economic factors. The failure may occur for several reasons, for example, sub-cap, no trading strategy and money management and [...]