I’m shocked. Shocked. The Plan B debacle of last night proves Washington is dysfunctional. Who would have thunk it?
From a cynical U.S. perspective, it’s hard to see what all the hoo-hah is about. Boehner’s Plan B was never a real proposal in the first place. It was a political stunt designed to embarrass Democrats—and not a particularly well-designed one.
What does this mean? Money is illegally flowing out of China and the rate is picking up
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Does Yum! Brands have a China problem–or just an issue with its chicken suppliers?
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Is better than expected 3.1% third quarter GDP growth likely to carry over to the fourth quarter?
On the third and final revision third quarter U.S. GDP growth climbed to 3.1% from 2.7% in the second revision. The consensus among economists surveyed by Briefing.com had looked for 2.7% on this revision. (The first estimate for growth in the third quarter came in at just 2.0%.)
World Bank projects an Asia-centric 2013
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...A stand off over potash is leading to cuts in production
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Euro moves up again on good news on Greece from S&P and the ECB
The euro climbed to $1.324 today. That’s the highest level against the U.S. dollar since May. The euro also hit a 16-month high against the yen today. Last night Standard & Poor’s delivered a six-notch credit upgrade to Greece. And the European Central Bank announced that it would again accept Greek debt as collateral for commercial banks that want to borrow from the central bank.
Want to play along with the Bank of Japan unlimited stimulus trade? Here are some stocks that are already moving on that bet
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Silver Bay: This new REIT that focuses on single-family homes could use some time to temper
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The big effects of a stronger euro and a weaker yen/dollar will be felt in emerging stock markets such as China and Brazil
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