10 Second Headlines

12-Nov-2010

Quote of the Week: Dallas Fed President Fisher – “The US does not suffer from a lack of low interest rates. Nor does it suffer from a lack of liquidity. What it suffers from… Read More

05-Nov-2010

Preparation for G20 Summit – Seoul, Korea, November 11-12th China: + China “understands the Fed’s QE2 policy from the angle that it wants to revive the US economy and increase employment. But the problem… Read More

29-Oct-2010

Wednesday, November 3rd US election will be history. Federal Reserve announcement, market is looking for Quantitative Easing of $500 billion to $4 trillion (buying assets to provide liquidity and keep interest rates low). GDP… Read More

22-Oct-2010

Quantitative Easing China (QEC) + China is buying Greek bonds, and that has driven yields down to under 9% from over 12%. They are also buying other European bonds and assets in strategic industries… Read More

15-Oct-2010

US + A Chinese economist stated that the US is deliberately devaluing the dollar, creating a bad precedent for the rest of the world. + Ben Bernanke said today that high unemployment and low… Read More

08-Oct-2010

Japan – Recommitted to stimulating their economy + Bank of Japan announced a $60 billion US quantitative easing program allowing them to purchase commercial paper and more importantly REIT’s. + Government approved $61 billion… Read More

01-Oct-2010

Canada + Consumer Confidence Index fell to 78.1 in September vs. 79.3 in August, this was the fourth consecutive decline. + Help-wanted index jumped 8% in August, increasing in 5 of 8 months this… Read More

24-Sep-2010

US Economy + At the Federal Reserve meeting this week they expressed their willingness to act alone if needed, providing a “Bernanke put” for the economy. (Stefane Marion, Sept. 2010) + The risk of… Read More

17-Sep-2010

Japan starts the race to devalue currency + Bank of Japan (BoJ) this week has purchased an estimated $23 billion U.S. dollars (selling Yen) to lower their currency. + In 2004, BoJ spent an… Read More

10-Sep-2010

Spruce Meadows Conference – Friday, September 10th Mark Carney: + “Without the successful completion of G20 reforms, the current recovery is at risk.” Paul Volker: + “This isn’t what we normally think of as… Read More