Time

🇺🇸 LA
----
--:--
🇺🇸 New York
----
--:--
🇬🇧 London
----
--:--
🇮🇹 Rome
----
--:--
🇮🇳 Delhi
----
--:--
🇨🇳 Beijing
----
--:--
🇰🇷 Seoul
----
--:--

Thursday, August 19, 2010

China's Investing Turns to Neighbors

China's Investing Turns to Neighbors

China is looking more to its Asian neighbors' currencies and debt markets in its bid to lessen its reliance on the dollar.

'Just a bad trend' - 500,000 jobless claims

'Just a bad trend' - 500,000 jobless claims


NEW YORK (CNNMoney.com) -- A government report Thursday brought bad news for workers and the economy: The number of unemployed Americans seeking a financial lifeline has reached its highest level in nine months. ...

Why the U.S. may not be the next Japan

Why the U.S. may not be the next Japan

NEW YORK (CNNMoney.com) -- The fashionable thing for economists to worry about these days is deflation.

It's hard to go a day without someone proselytizing that the United States is the next Japan and that a Lost Decade looms on the horizon -- or might already have even begun. ...

China Cultivates Taste for German Cars

China Cultivates Taste for German Cars

As Chinese Drivers Snap Up Germany's Luxury Exports, Berlin Frets That Its Economy Rides Too Much on One Customer

By VANESSA FUHRMANS

Germany's resurgent export economy is presenting the country's policy makers with a new worry—a growing reliance on China.

Germany's economy expanded at an annualized 9% rate in the second quarter, its strongest pace in more than 25 years. ...

Stanley Druckenmiller Retiring: Why Success Is Much Harder For Many Hedge Fund Managers - CNBC

Stanley Druckenmiller Retiring: Why Success Is Much Harder For Many Hedge Fund Managers - CNBC

To many hedge-fund managers, news that Stanley Druckenmiller was quitting the business symbolized the difficulty of chasing returns in such a volatile market environment. ...

Wednesday, August 18, 2010

Creole Trail LNG

Creole Trail LNG
Facility Type: LNG

Scope: New Construction
Owner: Cheniere Energy, Inc
Location: Cameron Parish, Louisiana United States
Region: North America
Modified: August 17, 2010

Invest in Muni Bonds Carefully: Vanguard Manager - CNBC

Invest in Muni Bonds Carefully: Vanguard Manager - CNBC

By: Michelle Lodge
Special to CNBC.com

Investing in municipal bonds, or munis, has plusses and minuses, a Vanguard manager told CNBC Wednesday, but overall he recommends putting money in select ones. ...

(EUR) ELLI default rate falls to 17-month low - Leveraged Commentary & Data

(EUR) ELLI default rate falls to 17-month low - Leveraged Commentary & Data

The lagging 12-month default rate for the S&P European Leveraged Loan Index (ELLI) fell to 5.9% in July, a 17-month low, from 6.2% in June, based upon par amount outstanding. At the end of 2009, the rate stood at 10.5%, the highest level since LCD started tracking the ELLI default rate in June 2007.

In the 12 months ended July 29, the ELLI tracked €8.2 billion of institutional loan defaults, down from €8.7 billion at the end of the June and €14.9 billion during 2009.

The ELLI default rate measured by number of issuers remained unchanged in July, at 8.9%, the lowest level since the 8.2% reading in February 2009. During the 12-months ended July 29, 21 issuers defaulted or started the restructuring process, which is equal to the comparable time period ended July 1. At the end of December, the tally was 39. ...

Asian Economies Are Hot Again, And So Are Stock Markets - CNBC

Asian Economies Are Hot Again, And So Are Stock Markets - CNBC

As the US and European Union economies struggle through the hangover of a deep financial crisis, countries in Asia that suffered their own crisis a dozen years ago are posting some of the fastest growth rates in the world. ...

Tuesday, August 17, 2010

Busch: Recession 2011? - CNBC

Busch: Recession 2011? - CNBC

By: Andrew B. Busch
CNBC Contributor

The San Francisco Federal Reserve has published a report that is generating a lot of buzz in the financial markets. Entitled, “Future Recession Risks,” the paper reviews the predictive capabilities of the US Conference Board’s Leading Economic Index. This report has been cited in several articles providing outlook for a double dip recession and generating additional angst for investors. ...

"For example, the spread between 10-year Treasury bond and the federal funds rate works best 18 months into the future, whereas the initial claims for unemployment insurance indicator works best two months ahead. Clearly, one should give more weight to the rate-spread indicator than the initial claims indicator when forecasting in the long run, but less weight when forecasting in the short run."

“Historically, this spread, which summarizes the slope of the interest rate term structure, has been a very good predictor of turning points 12 to 18 months into the future. Specifically, an inverted yield curve has preceded each of the last seven recessions.”