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Daily Archives: June 10, 2013
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.
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
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
Zhu Haibin, Chief China Economist and Head of Greater China Economic Research at J.P. Morgan says monetary easing may not be effective to address the structural problems facing China’s economy at this moment. Here is a direct video link.
Bill Gross, founder and co-CIO of Pimco, thinks the Fed will have to “taper” its bond purchases by the end of the year because lower deficits in Washington mean the Treasury will issue less debt, which could create a shortage … Continue reading