More than a year has passed to the crisis and we grapple with the political nuances of the great crash
More than a year has passed to the crisis and we grapple with the political nuances of the great crash
A gauge of China’s manufacturing activity released Wednesday indicated expansion for the sixth straight month in September, although conditions cooled slightly from August, suggesting the rebound in industrial activity remains intact but is beginning to level off.
I agree…there is no fundamental reason to buy the US bonds. Some are quick to retort that the US is safe as a haven but you got to look deeper to see that it is not US that you are putting your trust in but a private firm called the FED that is not even [...]
While gold is grabbing the headlines, its sister precious metals are actually reaping the most gains. For the year to date, platinum and palladium, two lesser-known metals, have surged 38% and 56%, respectively, far eclipsing gold’s 12% gain. Silver is up 42% over the same period.
With their dual roles as precious and industrial metals, platinum [...]
Peter Schiff views on the latest on US dollar…..
The U.S. dollar will continue weakening, and investors may borrow it to invest in higher-yielding assets, says Peter Schiff, president of Euro Pacific Capital.
“I don’t know when (the dollar) is going to strengthen,” Schiff told CNBC.
“The dollar isn’t the new yen, it’s unfortunately the new peso.”
A weak [...]
Now this has to be among the largest losses ever…and the fund still stands.
Government of Singapore Investment Corp. suffered a loss of around 59 billion Singapore dollars (US$41.6 billion) in the fiscal year ended March, making it one of the worst years for the sovereign wealth fund since it was established in 1981, a person [...]
As long as this trend continues, what’s good for the dollar is bad for stocks.
the Dow, which closed up 124.17 points, at 9,789.36, on Monday, is within reach of 10,000. Who would have thought?
At the depths of Wall Street’s crisis, when traders were despairing and shares of Citigroup were trading for just over a dollar, Dow 5,000 seemed a likelier prospect than this.
The decline in Japanese consumer prices accelerated last month to the sharpest pace since records began in the early 1970s, fuelling fears that persistent deflation could weaken the country’s nascent recovery.
Core consumer prices excluding fresh food, which have been falling since March, dropped 2.4 per cent in August from a year ago, compared with a [...]
China activity stabilizes | 
Dollar vs S&P | 
Dow at 10,000. Does it feel so? | 
