Blog Archives

US Morning Report : Current Account Deficit stays at 2011 levels, futures trade up

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

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

US Economy: The GDP number is a round 3% (Here’s what’s happening in the World Tonight, Ray B., San Diego)

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

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Posted in Amitonomics, Europe, Global, US

US Economy: Global growth slowdown gets S&P, Brazil, Greece and the GOP candidates (Global Pre-markets Round up)

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

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Posted in Financial Markets

China in Brazil: Moving beyond resources: CCB makes a purchase in Brazil

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

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Posted in Financial Markets

The European Sovereign Debt Crisis: The Euro to sing BRIC haven?

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

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Posted in Brazil, Emerging Markets, Financial Services, Global, Investments

China steps out of the plate | The US downgrade

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

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Posted in Amitonomics, Banking, China, Financial Markets, Retail Lifestyle, US

JP Morgan not planning to be left behind? | Advantage 'zyaada'

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

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Posted in Amitonomics, Banking, Emerging Markets, Retail Lifestyle

The teen summers for the Economy? | Advantage Lifestyle

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

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Posted in China, Emerging Markets, Global, O'nomics

A new Energy Flow map for the world

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

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Posted in Amitonomics, China, Emerging Markets, India Infrastructure, Infrastructure, Private Equity, US

Russian Banks get into the act

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

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Posted in Emerging Markets, ETC, Financial Markets, Uncategorized