After the full year 2011 Current Account Deficit reported a $473 B in March, today’s data for Q1 remains a large $132 B and apparently it does not hurt the US economy much even as without Investment Income, the goods…
Markets will of course be happy in an otherwise dull week that the GDP report has not thrown any negative surprises, and forget any planned surprises like yesterday’s Reuters report suggesting 3.6% no less. That 3% of course is for…
Super Tuesday was a much sombre affair though it seemed to be in different circles than the S&P worst one day crash that hit Tuesday early. With barely 200 delegates, 400 including non binding totals, Romney’s far away and his…
A gameplan for resource based Economies After China completed the purchase of Standard Bank in LatAm(ICBC pending shareholder approval), we indicated a hope that this was in response to oversaturated of biolateral trade in fickle resources that have imprisoned the…
In a twist on Tuesday’ stales, Wednesday opened with another resounding thud for the Euro as China’s Wen rebuffed by the Eurozone administrators for seeking “Market Economy” status apparently reiterated instead that the Eurozone should look after its debt and…
Let me start off on the backfoot with a block. Though S&P just did what was inevitable given the fast ramp up in US debt, its actions were retrograde given the effort put in the debt deal and perhaps that…
In a late late awakening, with Mike Cavanagh of WaMu and Bear Stearns fame grabbing the chair in fixed income, JP Morgan is finally ready to roll overseas. Currently, Jamie Dimon crossed himself out of a few dinners and let…
It’s like you have forgotten your own language, English and are struggling to find words, it’s that big a change from the last decade..Is it that Australia is claiming an early summer of growth and profits, just because it is…
Do you realize that Saudi oil traffic to US has dropped by over 25% in the last year. It is not only the recession, as the lower price by OPEC accordingly means adequate demand is maintained for the concurrent supply…
Russians step in a big way to track out of the current depression probably emboldened by their presence on social media like facebook and social gaming. In a bid to follow on to traces of Russin gumption as commodities continue…
| INDU | 0.00 | ||
| NASDAQ | 3462.61 | ||
| S&P 500 | 1667.47 | ||
| AMZN | 269.90 | ||
| AAPL | 433.26 | ||
| GS | 158.18 | ||
| BAC | 13.43 | ||
| JPM | 52.30 | ||
| UAL | 34.75 | ||
| MCD | 101.54 | ||
| KO | 42.97 | ||
| DIS | 66.58 | ||
| DB | 48.45 | ||
| HBC | 57.77 | ||
| GOOG | 909.18 | ||
| BRK.B | 0.00 |