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Cash in on This "Invisible" $33 Billion Business

U.S. defense contractors don’t make a habit of sending “thank you” letters to America’s enemies.

But if they did, the corporate leaders at The Boeing Co. (NYSE: BA) might want to look up Vladimir Putin‘s address – before running to the Hallmark store.

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  • Featured Story

    Here's the Surprising Winner of the Currency Wars

    With the Bank of Japan now buying government bonds and targeting an inflation rate of 2%, a global "race to the bottom" is on again.
    Japan's latest move has sparked new fears of a currency war. They're competing with the Fed's commitment to "quantitative easing" and the ECB's promise to buy dodgy Mediterranean economies' bonds.
    However, the mathematical reality is that the world's major currencies can't all be catastrophically weak against each other. It's impossible.
    Like any other war, this one won't end well, either.
    But the winner may surprise you...
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  • BOJ policy

  • Bank of Japan Policy is Doomed to Failure Japan Map made by Japanese Yen currency

    The Bank of Japan (BOJ), Japan's central bank, bowed to government pressure this week by adopting a 2% inflation target and accepting responsibility for achieving that goal "as early as possible."

    The BOJ announced today (Tuesday) that it will begin a program of "unlimited easing" beginning in January 2014 following the end of the central bank's current asset-purchasing program in December.

    In a statement announcing the results of Tuesday's Monetary Policy Committee meeting, the Bank of Japan said it anticipates purchasing 10 trillion yen in Treasury notes and 3 trillion yen in Japanese government bonds (JGBs) each month beginning in January 2014.

    The statement also indicated the central bank's balance sheet will expand by about 10 trillion yen by the end of 2014 as a result of the purchases. No further expansion of the BOJ balance sheet is anticipated thereafter.

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