March 1, 2006

Gaining Currency

The best bill for addressing the manipulation of Chinese currency languished in committee last year. Now there are promising indications that the problem is being taken more seriously.

Among the many trade issues plaguing U.S. manufacturing today, none is more critical than the undervaluation of the Chinese currency. By not allowing its currency to rise in value against the U.S. dollar, China benefits […] Read More

January 1, 2006

Fortune Teller

Life is unpredictable, but business doesn't have to be. Here's how your peers are using MSCI's Metals Activity Report to their advantage.

Anyone working in the metals industry—or any related field—knows that the past few years have seen unusual volatility (see “Managing in Chaotic Times”). While some upheavals might seem to come out of nowhere, turns of […] Read More

January 1, 2006

Pray for Warm Weather

When Hurricanes Katrina and Rita rampaged through the Gulf of Mexico, they upset an already tottering supply and demand structure for natural gas. The implications—both in pricing and possible supply interruptions—are staggering for the short term. But the silver lining, if there is one, may be a long-overdue focus on a problem that has been quietly building for many years.

Before Hurricanes Katrina and Rita slammed the Gulf Coast, natural gas prices already had risen to record levels, driven by the inexorable market forces of supply and demand. Demand is on a slow but steady […] Read More