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Wednesday, October 12, 2011

CNNMoney: Market's biggest risk? Duh. It's Europe.

Market's biggest risk? Duh. It's Europe.
By Hibah Yousuf October 12, 2011: 7:56 AM ET


NEW YORK (CNNMoney) -- It's been on and off the back burner for a year and a half, but the European debt crisis is finally nearing a boiling point.

Bloomberg: Wall Street Sees ‘No Exit’ From Financial Decline as Bankers Fret Future

Wall Street Sees ‘No Exit’ From Financial Decline as Bankers Fret Future
By Max Abelson - 2011.10.11 09:00 PM

Wall Street executives, facing demonstrators camped for a fourth week in New York’s financial district, say they’re anxious and angry for other reasons.

Tuesday, October 11, 2011

Reuters: Europe warned of systemic crisis over debt

Europe warned of systemic crisis over debt
By Sakari Suoninen and Martin Santa
FRANKFURT/BRATISLAVA | Tue Oct 11, 2011 6:46am EDT

(Reuters) - Europe's top financial watchdog warned on Tuesday that the euro zone's sovereign debt crisis has become systemic and threatens global economic stability unless decisive action is taken urgently.

Monday, October 10, 2011

Bloomberg: No U.S. Recession as Forecasts Improve

No U.S. Recession as Forecasts Improve
By Rich Miller and Vivien Lou Chen - 2011-10-10 03:34 AM

The U.S. has likely dodged a recession for now, even though it’s too early to sound the all- clear for the economy.

Friday, October 7, 2011

CNNMoney: Not a recession. But who cares?

THE BUZZ
Not a recession. But who cares?
By Paul R. La Monica @CNNMoney October 7, 2011: 12:51 PM ET


NEW YORK (CNNMoney) -- Summer may be over but it's still time to fire up the grill.

Thursday, October 6, 2011

CNBC: Mortgage Rates, Mortgage Demand and Home Prices All Fall

Mortgage Rates, Mortgage Demand and Home Prices All Fall
Published: Thursday, 6 Oct 2011 | 11:45 AM ET
By: Diana Olick
CNBC Real Estate Reporter

When mortgage rates first fell below five percent in 2009, we called it an emotional landmark, a level that, while not significantly different from the previous week or month, would send up a flag to borrowers that it was time to buy or at least to refinance.

REG - RIT Cap. Partners - Investment in Renshaw Bay

http://uk.reuters.com/article/2011/10/06/idUS133098+06-Oct-2011+RNS20111006

REG - RIT Cap. Partners - Investment in Renshaw Bay
Thu Oct 6, 2011 1:59pm BST

* Reuters is not responsible for the content in this press release.

RNS Number : 7116P
RIT Capital Partners PLC
06 October 2011

RIT Capital Partners plc

Investment in Renshaw Bay Ltd

In February 2011, RIT Capital Partners plc ("RIT") announced its intention to participate in the launch of Renshaw Bay in partnership with Bill Winters and Reinet Fund S.C.A. Mr Winters, formerly the Co-Chief Executive of JP Morgan Investment Bank, has established Renshaw Bay as a new asset management and advisory group focusing on capital markets based investment strategies.

Wednesday, October 5, 2011

PIMCO: Six Pac(k)in’

Six Pac(k)in’

- Long-term profits cannot ultimately grow unless they are partnered with near equal benefits for labor.
- There is only a New Normal economy at best and a global recession at worst to look forward to in future years.
- If global policymakers could focus on structural as opposed to cyclical financial solutions, New Normal growth as opposed to recession might be possible.

CNNMoney: Greek default is just a matter of time

EUROPE'S DEBT CRISIS
Greek default is just a matter of time

By Ben Rooney @CNNMoney October 5, 2011: 5:39 AM ET

NEW YORK (CNNMoney) -- It was once unthinkable but is now widely expected: Greece is headed toward default.

Jatropha as alternative fuel a bust

WEDNESDAY OCTOBER 05, 2011 PHILIPPINES
Jatropha as alternative fuel a bust
BY JOHN LOURENZE POQUIZ

The government is set to abandon its program of promoting jatropha as an alternative fuel source, an official said.