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Daily Archives: June 18, 2009

uncle sam

S&P Says US Debt Is Still “AAA”

Posted: June 18, 2009 at 5:21 am

S&P says it does not like the huge rise in US government indebtedness. But, it clearly thinks the Treasury can make its debt service and eventually pay those hundreds of ...
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ewis

Bank Of American (BAC) Still Making Millionaires Out Of Employees

Posted: June 18, 2009 at 5:03 am

Bank of America's (BAC) addiction to giving its senior employees huge bonuses has not ended. These used to be based on "performance." A banker who created toxic asset products that ...
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china

China’s Growth Roars Back?

Posted: June 18, 2009 at 4:43 am

A number of economists believe that GDP growth in China is a mirage. The nation's $585 billion stimulus package is allowing factories to produce at levels that they could not ...
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airplane

US Weapons To Fight The Trade Gap

Posted: June 18, 2009 at 4:28 am

The United States needs to find ways to cut its trade gap by raising exports. Rising exports tend to mean more manufacturing in the US.  Manufacturing increases tend to create jobs. According ...
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house

The Housing “Recovery” Comes To An End

Posted: June 18, 2009 at 4:05 am

The Mortgage Bankers Association Weekly Mortgage Applications Survey for last week is grim reading. Interest rates in the US are rising, some believe due to the need for the Treasury ...
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uncle sam

The Fail-Safe Financial Market Regulation Plan

Posted: June 18, 2009 at 3:56 am

Facing the blank sheet of paper that will eventually be the chronicle of his life in government and the success or failure of the Administration’s programs to radically overhaul ...
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newspaper

Media Digest 6/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 18, 2009 at 3:07 am

Reuters:   Obama proposed sweeping reform for financial industry. Reuters:    A number of large banks repaid TARP. (JPM)(GS)(BBT)(COP)(STT)(AXP)(USB) Reuters:   Consumer prices show inflation is in check. Reuters:   China could still be ...
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china

Asia Market And Europe Open 6/18/2008

Posted: June 18, 2009 at 2:29 am

Markets in Asia were mixed The Nikkei fell 1.4% to 9,704. Honda (HMC) dropped due to the dollar. HSBC (HBC) and other banks were down. The Hang Seng was off ...
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