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Daily Archives: June 10, 2013
Recent housing strength sustainable?
Carrington’s Chris Whalen says that the jump in home prices hasn’t hit all markets and points out that a lack of first-time buyers and credit expansion means there is little support for further rises. Here is a direct video link.
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Cat out of the bag: “China cannot afford more monetary stimulus”
Pu Yonghao, regional chief investment officer for Asia Pacific at UBS Wealth Management in Hong Kong, talks about China’s economy, government policies, and his investment strategy.Here is a direct link. This clip is a beauty. First of all the long-always … Continue reading
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US dollar trumping other global currencies in 2013
The US dollar consolidated some gains last week, but year to date the greenback has been climbing against nearly every major currency in the world. Since commodities like oil are priced in U$, the climbing dollar translates into increased cost … Continue reading
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