The poor subprime nation had it so good for so long. Now, it seems to be at the twilight of a magnificent – if preposterous – era, in which Americans could spend money they didn’t have on things they didn’t need and not have to worry about what happened next.

The ability of the Fed’s recent policy action to stop a recession is questionable, leaving traders wondering if they will cut rates further even in the face of mounting inflation pressures from food and energy price growth.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for September 26.

Todd Gordon is actively targeting 113.50 in a final push for his USD/JPY short positions.

The US dollar fell to a new all-time low against the Euro on the back of continued deterioration in the US economy. Traders and investors are selling dollars as the outlook for consumer spending becomes bleaker.

Investors must think that the Fed’s intervention in the credit markets will be as effective as the Bush Administration’s intervention in Mesopotamia. Some problems just don’t lend themselves to meddling from outsiders.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for September 25.

Todd Gordon writes that today's break in volatility with be short-lived in the currency markets.

Dallas Fed President Fisher indicated that the recent trend of inflation gives the Fed wiggle room, which suggests that they could ease monetary policy further.

Whole new industries are waking up to a new China, with a middle class, and millions of rich people too. It is the greatest leap forward ever.