Fast-moving. (Andy Wong/AP)
As David Barboza writes, China is branching out into high-end products, and Beijing is even trying to shift output in some parts of the country away from low-cost manufacturing. As this process picks up speed, the world will face a big question: Where to get all the low-cost toys, clothes, furniture and [...]…
Original Source: blogs.iht.com
The first two readers to send me a correct response to the following question each win a copy of Robert Shiller’s new book, The Subprime Solution. Question: Which OECD country has had the highest percentage housing price gain since the U.S. housing market began tumbling in January of 2006? Post your answer below. First two to post correct responses are the big winners.
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Original Source: http://feeds.feedburner.com/InfectiousGreed
This bear market will likely put an end to some CNBC regulars.
When a new bull market emerges (there are hints of potential in Biotech land), it will have plenty of new names and plenty of new faces talking about the new names on CNBC.
In the meantime, the shitpile network is going to cost their last loyal watchers many bazillion trading dollars.
This bottom is going to take some time and much asset reallocation and while that happens we get massive volatility that will punish you UNNECESSARILY for having conviction.
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Original Source: howardlindzon.com
I am deliriously eager to see the new documentary about a hero of mine, high-wire artist Phillippe Petit. Called Man on Wire, early reviews have been raves, and it looks magnificent and entirely wonderful. It looks impossible. Let’s get to work. — Phillippe Petit
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Original Source: http://feeds.feedburner.com/InfectiousGreed
A collection of Bloomberg articles today on the collective suck-itude of housing here, there and pretty much everywhere. Interestingly, the sole semi-positive news was on — wait for it — California housing. You have to know things are seriously surreal when California housing constitutes the good news. Housing slump hits Northern Ireland economy harder than bombs…
Original Source: http://feeds.feedburner.com/InfectiousGreed
Japan, China and India are all facing challenging times.…
Original Source: http://feeds.feedburner.com/DismalcomAnalysisAsia
At “A Dash” we believe in letting the data drive our conclusions. This can be boring, since everyone wants strongly held and argued opinions. In case you do not see the disagreement, CNBC even shows you a crashing bull and bear.Today’s DataThe economic news will provide the headline reason for today’s selling, so let us take a look.
Q407 GDP was revised downward, now carrying a “minus” sign.
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Original Source: http://feeds.feedburner.com/typepad
Increased chance of a rate rise fails to boost currency.…
Original Source: http://feeds.feedburner.com/DismalcomAnalysisAsia
Increased chance of a rate rise fails to boost currency.…
Original Source: http://feeds.feedburner.com/DismalcomAnalysisAsia
…more than you think….
Original Source: allaboutalpha.com
Scholastic puts the blame on "Do Not Call Registry": One of the lamest corporate excuses of all time.
Shorts Crack the Code: This appeared in the NYT Business headlines for some reason; it’s not what you think, but it is pretty funny.
Y…
Original Source: www.portfolio.com
Conditions signal a coming slowdown, but inflation surging.…
Original Source: http://feeds.feedburner.com/DismalcomAnalysisAsia
(July 31, 2008 05:03 PM, by Bryan Caplan) Here’s Tyler’s latest Dadaism:A good blog should be subversive and help you see the faults in the author’s own positions…….
Original Source: econlog.econlib.org
I’m not a fan of lists, and I’m especially not a fan of top-blogs lists. But I’m kinda tickled by Wikio’s August blog ranking:
Hey look, Market Movers is higher up than really great blogs like Wooster Collective and Stuff White People Like! Which is all well and good, until I see that felixsalmon.com is also right behind it; I’ve posted 15 entries there s…
Original Source: www.portfolio.com
And all at once, that “economic recovery” theme is out the window, and investors are nervously chewing their fingers in anticipation of another lousy jobs report tomorrow morning. Equity investors were surprised…
Original Source: feeds.wsjonline.com
Matt Cooper says that sovereign wealth funds are "the opposite of free trade" and "anathema to a free-market economy". I don’t see why that should be the case: if anything, the funds are a natural consequence of free trade.
If the US does a lot of free trade with some entity and runs a trade deficit with that entity, the entity in question will end up with a lot of dollars, and ultimately those dollars will be used to finance the US current-account deficit by investing in US stocks and bonds. Does it make any difference whether that entity is a corporation or a country? Not as far as the macroeconomics are concerned, although admittedly the politics are another matter.
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Original Source: www.portfolio.com
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