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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Jan 5, 2009 (WALL STREET JOURNAL) — As the U.S. seeks to stockpile oil, China has been doing the same, observers say, and is expected to quicken the pace — a development that already may be helping to boost oil prices.
On Friday, the U.S. Department of Energy said that amid low oil prices, it aims [...]
Jan 6, 2009, BEIJING (REUTERS) — China’s economy will probably grow by about 8 percent this year, the central bank’s research bureau and other economists forecast on Tuesday, the latest expressions of confidence that authorities can engineer a soft landing.
Many independent analysts have predicted a sharp slowdown for the world’s fourth-largest economy, to as little [...]
Dollar’s fall last week is exactly what I’ve been warning about. Bear market in dollar is NOT over. See this article from Bloomberg. — Larry
Dollar Staggers as U.S. Unleashes Cash Flood, Deficit (Update2)
Dec. 15 (Bloomberg) — The biggest foreign-exchange strategists and investors say the best may be over for the dollar after a [...]
Gold demand is exploding higher … shouldn’t be a surprise. – Larry
RECORD DOLLAR DEMAND FOR GOLD AS WORLD LOOKS FOR HAVEN FROM TURMOIL
November 19, 2008 (WORLD GOLD COUNCIL) — Dollar demand for gold reached an all time quarterly record of US$32bn in the third quarter of 2008 as investors around the world sought refuge from [...]
The IEA confirms what I’ve been saying all along: There isn’t enough oil supply on the planet to meet demand. And that’s not about to change anytime soon. A new oil supply crunch looms as oil companies have put the brakes on sorely needed investment to increase oil production to satisfy future demand and to offset the accelerating [...]
