10 Second Headlines


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


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


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


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


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


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


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


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


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


Private Sector US Employment Improvement? + Private Sector employment increased 67,000 in August + Challenger Gray & Christmas reported planned job cuts were down 17% in August to the lowest level in 10 years.… Read More