Archive - Apr 24, 2010 - Blog entry
Racing Bulls: Shanghai vs. Wall St.
Submitted by asiablues on 04/24/2010 18:25 -0500A new symbol of China's market ambitions: It is getting its own charging bull sculpture for its Shanghai Stock Exchange, similar to the one in front of the New York Stock Exchange.
A Fragile Global Recovery?
Submitted by Leo Kolivakis on 04/24/2010 07:56 -0500In its influential World Economic Outlook, the IMF said the recovery in global growth over the past year had relied on "highly accommodative" policies and there was a risk of a relapse. But the Bank of Israel Governor Stanley Fischer, a former top official at the IMF, said advanced economies don’t face a deflationary threat and the U.S. economy is rebounding faster than anticipated. Are we out of the woods yet?
LTTP (Late to the Party), Euro Style: Goldman Recommends Betting On Contagion Risk In Portuguese, Spanish And Italian Banks 3 Months After BoomBustBlog
Submitted by Reggie Middleton on 04/24/2010 03:48 -0500Will someone explain to me why the world is so enamored with Goldman. It appears that their research department is now recommending clients to bet on European bank contagion risk. LTTP (Late to the Party), we first warned on European bank risk in Spain with BBVA in January of last year (The Spanish Inquisition is About to Begin…).
