Search Results for: U.S. economy
China Shares Hit New Low Since Depth of Selloff
August 21st, 2015
Early gauge of China’s factory activity falls to multiyear low China’s stock market set a new low since the depths of the summer selloff that wiped out roughly a third of its value, despite massive intervention from Beijing. The ...
Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?
August 20th, 2015
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. The truth is ...
Asian shares plunge to two-year lows as China stocks continue to fall
August 19th, 2015
Shanghai shares index drops 3.9%, denting hopes of Chinese stock markets stabilising following last week’s devaluation of yuan Asian shares on Wednesday struggled at two-year lows after Chinese stocks extended their fall, stoking fears about the stability of China’s ...
23 Nations Around The World Where Stock Market Crashes Are Already Happening
August 18th, 2015
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations ...
Asian Shares Flat; Yuan-Related Turmoil Fades
August 18th, 2015
China property data continues to be rare bright spot Asian markets were roughly flat Tuesday as turmoil from a weaker yuan dissipated and China’s property market showed signs of recovery. In China, housing continues to be a rare bright ...
Another Monday, Another Batch Of Brutal Numbers
August 17th, 2015
The global recovery meme got another series of jolts this morning, as pretty much everything suprised on the downside. In no particular order: ” Japan economy shrinks in second quarter in setback for ‘Abenomics’ China’s economic ...
China, the Hollow Dragon
August 17th, 2015
In terms of profitability and trade-generated wealth, China is a hollow dragon. It is widely assumed that manufacturing (a.k.a. the world’s workshop) is the source of China’s wealth. But how can this be true, given that manufacturing profit margins ...
Saudi money market turmoil shows bank jitters over bond issues
August 17th, 2015
Longer-term money rates, dollar/riyal forwards surge Banks easily absorb last week’s sovereign bond issue Multi-year issuance programme could be different Official secrecy around bond plans adds to jitters Some see eventual pressure on FX peg, but CDS show no ...
Oil Prices Slide to 6½-Year Low
August 14th, 2015
Concern about Chinese demand after yuan’s devaluation pressures crude prices Crude-oil futures on the New York Mercantile Exchange dropped to a more-than six-year low Friday on escalating concerns about demand from China following the yuan’s devaluation. Nymex oil futures for ...
Citigroup’s ‘Bad Bank’ Isn’t So Bad Anymore
August 13th, 2015
Citi Holdings, the ‘bad bank’ Citigroup created to dispose of unwanted assets, has become a surprise success story Citi Holdings was born to be bad. But it is getting better with age. The “bad-bank” unit of Citigroup Inc., Citi Holdings for more ...
