Economics

World Celebrates Failure in Greece

Markets rallied today as one of the worst moments of the 2008 financial crisis played out, part of the European Union defaulted on their debt and with the help of the ECB, World Bank and IMF strong armed bond holders in to accepting massive write offs. Given the nature of the default, and the discount [...]

Obama and Protectionism

The US Congress has swiftly passed a bill to amend the tariff act for applying countervailing duties (CVDs) on imports from China and Vietnam, another major move to enhance trade protectionism. Analysts said the move originated in the rising US campaign fever and might damage China-US trade relations. The US House of Representatives voted 370 [...]

US Treasuries Update

US Treasuries See choppy trade on Wednesday 10-Yr: -05-32..1.963%.. USD-JPY: 81.10.. EUR-USD: 1.3136 Choppy:Treasuries are off their worst levels of the session as most maturities hold in the middle of today’s range. The long bond continues to under perform, currently holding a loss of 20/32 at 100 10/32. Selling that occurred [...]

Golden Agri Resources a Must Own as Sinar Mas Agro Expands

Sinar Mas Agro Resources and Technology (Smart) is 97.2 percent owned by Singapore-listed Golden Agri Resources. Golden Agri Resources has been upgraded to a Must Own ASEAN Equity by Heffernan Capital Management and Economist Shayne Heffernan said today he expected to see Golden Agri Trading over $1 in Singapore this year. Sinar Mas Agro Resources [...]

Bulls love the Central Banks

Bulls love the Central Banks in here Shayne and I expect the Global central bankers to create trillions of bucks this year, as creating paper money is the only way the US, the EuroZone, and Japan can pay their bills. All 3 are grossly insolvent on the basis of the net present value of their [...]

Read More » No comment February 27, 2012

USD/JPY to Fall This Week

Japanese authorities will continue to respond to excess volatility in currencies signaling readiness to intervene if speculators push up the yen too high again to deal a blow to the export-reliant economy. A senior Japanese Finance Ministry official said the upward pressure on the yen was easing and he saw nothing strange in the currency’s [...]

Read More » No comment February 26, 2012

Thailand Economy to Continue Growth

Thailand’s economy set to rebound in Y 2012 The Thai economy would rebound strongly this year, after heavy flood slowed its growth in Y 2011, the International Monetary Fund (IMF) said Friday. “The historic floods that inundated a large portion of the country have cost lives, destroyed physical capital and halted production in the last [...]

Read More » No comment February 25, 2012

RE/MAX National Housing Report for the USA

For the 7th straight month, home sales in January inched higher, rising 3.4% above the level seen last January. This data is based on a weighted average of 53 metropolitan areas surveyed for the RE/MAX National Housing Report. After an unexpected jump in sales at the end of 2011, January sales returned to a seasonal [...]

Read More » No comment February 18, 2012

Issaree Suwunnavid: Thailand Flood Update

Issaree Suwunnavid: Thailand Flood Update Death Toll The Department of Disaster Prevention and Mitigation on Sunday reported that 356 people were killed in flood-related incidents while two missing. Flooding still continues in 28 provinces in northern, northeastern, central and easten regions where some 2.4 million people are still suffering, according to the department reported on [...]

Read More » No comment October 23, 2011

Volcker Rule Divides America

Paul Volcker’s “Rule” divides US regulators US regulators are facing lots of complaints from lawmakers and financial industry lobbyists in their 14-month mission to halt risk trading on Wall Street, via the Volcker Rule. The regulators have begun to produce a Final Draft of the Rule, and they are facing opposition from themselves. Several US [...]

Read More » No comment October 17, 2011

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …