Cory's Chart Corner
U.S, EU, Japan & China, 5 yrs of QE & all we have to show is bubbles & failing economies lets give the $ directly to the consumer instead! 20 hours ago
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”
Daily Archives: July 24, 2013
The testimonies given are all excellent summaries of the unjustifiable risks and costs we are paying for the refusal to break up ‘too big to fail’ banks and re-establish a clear division between traditional banking and their speculative pursuits–profit-levering, trading … Continue reading
Chinese vacationers increasingly are turning away from tour-bus travel and frantic shopping trips. The WSJ’s Yun-hee Kim speaks on the changing habits of Chinese tourists. See more on the numbers here. Here is a direct video link.
China’s manufacturing for July contracted again, now at the lowest level in the past year. More stimulus to the rescue? The HSBC flash manufacturing Purchasing Managers’ Index, a survey of the crucial manufacturing sector published Wednesday, provides one of the … Continue reading
Bloomberg Economic Editor Michael McKee examines whether Detroit’s bankruptcy will unleash a wave of municipal filings as cities shoulder massive debts and pension obligations. Here is a direct video link.