From the category archives:
http://www.bloomberg.com/apps/news?pid=20601110&sid=a.6u.EHUlfm8
My Opinion: With interest rates at rock bottom levels across the world and asset levels plummeting to record lows, the appeal of the Japanese carry trade is all but gone. This has been evident for several months as investors unwound their positions, resulting in a greater demand for yen which pushed it to decade high [...]
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http://www.bloomberg.com/apps/news?pid=20601110&sid=afIkX076rzJc
http://www.bloomberg.com/apps/news?pid=20601110&sid=a0srzs9UtTNM
http://www.bloomberg.com/apps/news?pid=20601110&sid=aWZ05kCKPm5s
As the world grapples with an economic downturn, the Chinese government has enacted policies that will promote freeing up capital within the economy. The Chinese central bank has already cut interest rates five times in 2008 to the current 5.31% level and the government has scrapped lending quotas and pressed banks to support its 4 [...]
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China to Lead Global Recovery?
The Chinese Manufacturing Index rose for the third month in a row as Beijing’s stimulus package takes effect on the economy. Amid signs that the Chinese economy appears to be bottoming out, stocks rose and new orders expanded for the first time in five months. Other positive signs include an increase in [...]
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Emerging economies eye gold reserves as dollar fears rise
DUBAI, March 2 (Reuters) — Major emerging economies are seeking to raise their central banks’ gold reserve holdings as fears of a sharp depreciation in the U.S. dollar mount, senior industry officials said on Monday.
Investors have been piling into gold as a safe haven as the the [...]
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China Life Insurance Group is interested in purchasing AIG’s Asian Insurance unit, to maintain the stability of their Chinese operations.
My Opinion: We are witnessing a paradigm shift in global economics where it is no longer the traditional North American or Western European nations coming to the aid of Asian economies, as we have grown [...]
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While there is a threat Asian companies will emulate their U.S. peers and cut dividends this year, it should not distract serious investors from the huge dividend yields currently available in the region.
Current yields in the region are at their highest levels in almost two decades, offering more bargain opportunities than existed during the 1998 [...]
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As expected, China’s gobbling up natural resource plays. See article below. — Larry
China’s Buying Spree in Global Fire Sale
This month China bought stakes in French, Canadian, and Australian firms.
Feb 23, 2009 (The Christian Science Monitor) Beijing — General Motors is doing it. The world’s second-largest mining group is doing it. Russia, Brazil, and Venezuela are [...]
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See the following Bloomberg article about Trust Preferred Securities … http://www.bloomberg.com/apps/news?pid=20601110&sid=a3e_k0Gedi9k
Trust Preferred Securities are a hybrid security with characteristics of debt and equity investments, thus placing them higher than shareholders in the pecking order of creditors who get paid in the event of a bank failure. However, the nature of these securities allow interest payments [...]
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I’ve been inundated with questions from readers about what’s going on in the markets right now. So I dedicated this week’s issue of Money and Markets to answering some of the most burning questions I’ve received.
Everything from where I think gold is headed now that it’s broken above my key resistance level, to what [...]
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As I’ve been saying all along, competitive currency devaluations will soon become the order of the day. See article below and my commentary — Larry
Bank of Japan Must Devalue Yen
The Bank of Japan has already tried most tricks to alleviate the global financial crisis. In an effort to combat the worst economic slump since 1974, [...]
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