Bank of Japan puts off big asset buying until January 2014 temporarily reversing the yen’s decline
Today the Bank of Japan gave in to political pressure and raised its inflation target to 2% from 1% as “recommended” by Japan’s new Prime Minister Shinzo Abe. But the bank delayed a huge program ($146.6 billion a month) of asset purchases until January 2014. Today’s market reaction in Tokyo says investors think the delay is very temporary
I can see the first signs of a return of the euro debt crisis
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...India, world’s largest bullion buyer, hikes taxes on gold
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...Monday Holiday Quarterback says, For the week ahead expect…
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...Why is this market so incredibly confident?
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...Intel’s PC business continues to struggle (no surprise)–stock drops and sends yield toward 4.3%.
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...Growth rate starts cooking again in China
Today the National Bureau of Statistics reported that China’s GDP grew at a 7.9% annual rate in the fourth quarter. That was up from a 7.4% rate in the third quarter. Economists had speculated that China’s economy had bottomed in September and would show a higher growth rate for the rest of 2012 and into 2013. The fourth quarter results brought the growth rate for 2012 to 7.8%.
Emerging Markets in 2013: Outperformance AND Volatility
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...Join Jim’s Free Webinar on Emerging Emerging Markets on January 23
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...Earnings for Bank of America and Citigroup show lots of work yet to be done
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...Drop in initial claims for unemployment not as good as it seems
This morning the Labor Department announced that new applications for unemployment fell by 37,000 to 335,000 in the week ended January 12. That’s the lowest number since initial claims in the week ended January 19, 2008. Unfortunately, as a spokesman for the Bureau of Labor Statistics explained when the data was released, the improvement is likely to be a result of problems in adjusting the data for seasonal effects.