Word: broading
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...gold is not alone. A number of commodities are up. The price of silver, which has many more industrial uses than gold, rose 40% this year vs. just 15% for gold. Copper prices have nearly doubled. Indeed, the broad rise in commodity prices that are occurring now is usually an indication of a resurgence in the economy, not trouble ahead...
...Today, the broad tolerance that existed in the days following 9/11 has largely evaporated. Nearly 40% of Americans still say they think Islam is more likely to encourage violence, according to a new Pew Forum survey, and only a minority hold favorable views of Muslims (the latest poll does not distinguish between Muslims and Muslim Americans...
Biderman believes that insider trades shoot higher when there's a disconnect between broad market opinions and what business executives feel in their gut. "When [insiders think] things are going better than most people think, they buy stock," he says. "When things are going worse than people think, they sell." (Read "Q&A: Why the Stock Market Looks Bullish for Autumn...
...much for change. In the wake of the mortgage-market fiasco, in which get-rich-quick schemes alchemized in the cubicles and conference rooms of Broad Street translated into a meltdown of the international financial system, bankers have been looking for new markets to tap. But despite all talk of a new approach to the future of finance, the reality is that the most recent innovations are only geared to resurrect the same old broken system...
...remote and charisma-challenged lawmaker who has never held high office is poised to become Japan's new leader later this month. Yukio Hatoyama, 62, is head of the Democratic Party of Japan (DPJ), a broad coalition that on Aug. 31 won a commanding victory over the ruling Liberal Democratic Party (LDP), which had governed the nation almost continuously since 1955. The DPJ has pledged to revive Japan's sagging economy and strengthen ties with Asian neighbors, signaling a potential weakening of the close military and economic relationship with the U.S. A Stanford-trained engineer, Hatoyama was born into...