- – Royal Bank of Scotland and HSBC appear to be the lead lenders
- – It’s estimated that each additional soldier sent could cost taxpayers $1 million
- – 40,000 soldiers to cost $40 billion/year
- – $300 billion versus $10 billion for equity funds
- – A bond bubble is more likely than a equity bubble
- – The fifth consecutive monthly rise after eight consecutive declines. (click here for chart)
- – Up 7.9% from the previous quarter after three consecutive declines
- – 18 of 22 industries reported higher profits
- – Profits for oil and gas, and petroleum and coal, increased 20.4% to $5.9 billion, marking their first increase in four quarters
- – Manufacturers reported $9.4 billion in operating profits in the third quarter, up 28.6% from the second quarter (click here for chart)
10 Second Headlines of the Week 27-Nov-2009
Dubai, the Persian Gulf Emirate whose state run companies are seeking to defer debt payments, may owe more than $80 billion to $90 billion in liabilities.
On December 1st President Obama will announce his final decision on the war in Afghanistan.
So far this year US cash has been redirected into bond funds at an astounding rate.
In September, the Teranet-National Bank Composite House Price Index was up 1.3% from the month before.
Canadian corporations earned $54.1-billion in operating profits in the third quarter.
J. Angus Watt ( click to message me)