As I am preparing for a tournament this weekend in Sweden I only have time for some random shots, but then again; taking random shots seem to be exactly what the markets are all about at the moment. The first such random shot came from today's release of the GDP figures from Europe which showed, with much fanfare, how the Eurzone (and Europe) is now effectively out of recession.
(quote Bloomberg)
The euro-area economy emerged from its worst recession since World War II in the third quarter as exports from Germany and... Continue Reading
Submitted ByShishir Nigam
The USD vs the JPY is weakest in years. Yes, the DXY dollar index has been hitting new lows around 74. Yes, US government debt and deficits (the 2 infamous “D”s) have been skyrocketing and are projected to keep on growing in the coming years. Yes, the printing presses started by Ben...
Submitted ByTim Price
“HBOS’ share price began to drop last summer when the City became nervous about its reliance on UK mortgages. There were denials that the firm was in crisis, which is always a terrible sign. In September 2008, the Big Four...
Submitted ByClaus Vistesen
As I am preparing for a tournament this weekend in Sweden I only have time for some random shots, but then again; taking random shots seem to be exactly what the markets are all about at the moment. The first such random shot came from today's release of the GDP figures from Europe which showed,...
Submitted ByClaus Vistesen
In case you had not noticed, the IMF is blogging and it is not "merely" the garden variety IMF staffers they are rolling out to fill the pages; nope here we are treated to the likes of Blanchard, Atkinson, Lipsky, Cottarelli and a host of other of the Fund's A-listers. Consequently, it would seem...
Submitted ByTim Price
“Alternative 1: on average there is more than one ownership claim on each gold bar conforming to London Good Delivery.. Essentially, the market operates on a fractional reserve basis.. If it is true, the next phase in the gold bull...
Submitted ByClaus Vistesen
(click on pictures for better viewing)
It is indeed an old adage that while goods things are to be preferred over bad things it is possible to get too much of the former. Looking at recent comments from the governor of the Reserve Bank of Australia it is not difficult to imagine how these, albeit...
Submitted ByClaus Vistesen
(click on pictures for better viewing)
Last week, we learned that industrial production rose yet again in Japan clocking in at 1.4% month-on-month in September after having increased by 1.6% in August.
Companies said they planned to increase production in October and November as well, indicating...
Submitted ByAlbaniaProperties
The Albania Property Market is expected to boost and further benefit from the newly planned 1.2 Billion Euro, Ship Container Port in Vlora which was given the green light by the Albanian Government on September 2009.
The company, Zumax AG, is granted the concession the built and operate the...
Submitted ByTim Price
“Cheaper toys ‘are Christmas hits’ ” - BBC News website, 28 October 2009. Stop all the clocks, wrote W.H. Auden once, and he had the right idea. One of the irritations of modern western society is an always-on consumption culture...
Submitted ByClaus Vistesen
As a puny yet honest attempt to show you that I actually read other things than plain economics I thought that I would share this piece with you on declining nomadism amongst Americans; it is written for Newsweek by author Joel Kotkin. I am not quite sure whether he believes the ageing of the...