Blog Archives

US Economy: The Non Farm Payrolls number, 184k added in October(Jobs Report), Hurricane Sandy, Swedish Garbage and Chrysler’s all new line up

The Official Employment Situation Report from the Bureau of Labor Statistics comes in in another 25 as the ADP payrolls do aid the positive sentiment brought on  by the jump for Starbucks and Linked in stock in the next era

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Posted in Financial Markets

Global Mid Day Report – Is West Coast the new battleground for progress?

Three bankruptcies in one week may have given you a feeling of deja vu but from Phoenix to Nevada to San Francisco and even upscale San Diego, Housing recovery may run faster than others in the South in Florida and

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Posted in Amitonomics, Banking, Private Equity, Retail Lifestyle, US

The Thursday Fed Update: That money machine called the U.S. of A.

The Fed will not be printing muchmpore money stock of course with US currency in ciruulation at $1.1T. Then there are the $1.6T in Treasuries the Fed will be using to lend to banks and extinguishing from its reserves to

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Posted in Amitonomics, Bailout Nation, Banking, Emerging Markets, US

US Morning Report: Redbook report down to 2.3% for June, Case Schiller up 1.3%

The Case Shiller Index, even the Non Seasonally adjusted National figures were up for the third consecutive month, last month’s 17 month record broken at -2.6% annual difference improving further to -1.9% for the NSA data. The Seasonally adjusted data

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Posted in Amitonomics, Bailout Nation, Retail Lifestyle, TARP, US

Gap recovers, Esprit spirals towards Sale | Deal Insight – The Retail Lifestyle also rans

  Of course, in keeping with the series’ semantics and character, because both GAP and Esprit have been out of Retail Lifestyle Winner shortlists for a long time and may remain so, but luxury retail has already tried with private

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Posted in Amitonomics, China, Emerging Markets, India Infrastructure, Retail Lifestyle, US

JP Morgan surprise press conference to report new $2 bln losses | Banking Insight

The JP Morgan Treasury / Chief Investment Office is purportedly carrying losses of up to $4.5 bln and the same would be disclosed in a press conference in detail in a few minutes. The CIO’s Office carries Synthetic hedges betting

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Posted in Banking, US

It’s the friendly neighbourhood Chinese store | Banking Insight

Fed approvals came though for ICBC’s acquisiton of Bank of East Asia’a 80% ownership interest with 13 branches in new York and California as well as a Chicago branch for Bank of China and AgBank in New York city. Feds

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Posted in Banking, China, US

Bank Results Thursday Q1 2012 ( incl US Economy day ahead) : Beat expectations a norm for $0.71 at Morgan Stanley, $0.31 EPS at Bank of America

See larger image Calico Joe (Hardcover) By (author) John Grisham List Price: $24.95 USD New From: $7.25 In Stock Used from: $0.01 In Stock Release date April 10, 2012. Even as credit spreads tightened and the resulting CVA of $2

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Posted in Amitonomics, Banking, US

Citi, Morgan Stanley and BofA: Top 3 retail banks to lose ratings power | Banking Insight

NYTimes (Dealbook.com) was first with the scoop of course and I for one never suspected that there could be such astorm in a tea cup waiting to derail the banks this year. Though Morgan stanley has often been counted as

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Posted in Amitonomics, Banking, US

The Housing Recovery 2012: A Faltering break in the FHFA Housing Price index

The Hopi Index did not have much to offer flat on DEcember after December was revised to 183, a 0.1% growth over November down from 0.7% The nine divisions were almost all down for the year except for West North

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Posted in Amitonomics, Retail Lifestyle, TARP