Professor Elam

Steve Forbes holds forth on what the FED should do. And that is strengthen the Dollar.  I suspect he is a bit naive on interest rates, they should be higher with all the currency floating around the world. He is quite right that a cheap dollar has led to food and energy inflation.

Which reminds me, who do you read on the economy?  Don't heistaet to sound off in the post reply section.

And here are some thoughts on the economy and markets from the minyanville site. We have reached the point on energy prices where consumers are changing behavior patterns. We are driving less, taking mass transportation, leaving SUVs on the lot.  Oil can go higher but with fewer people buying, how high?