Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
Summers: China holdings of U.S. debt fluctuate (Reuters) »
on Thursday played down the significance of a decline in China's holdings of U.S. Treasuries.
's paring back of its portfolio as a possible sign of protest against U.S. policies.
But asked on CNBC about the move, Lawrence Summers, director of the
, said the reduction did not signal a concern and that U.S. government [...]
FTSE ends down on Greek debt saga (AFP) »
closed lower on Friday as recovery stalled in the eurozone and the Greek debt saga weighed on the markets.
ended 0.37 percent lower at 5,142.45 points.
(LBG) was the most traded stock, seeing 434 million units change hands, followed by
(RBS), which saw 95 million shares switch owners.
topped the leader board, gaining 16 pence [...]
Greek slump threatens debt plan, EU aid elusive »
Greek slump threatens debt plan, EU aid elusive
Greece’s economy shrank more than feared last quarter and the government on Friday sharply revised down its figures for the previous three quarters as well, increasing doubts about its ability to resolve its debt crisis.
Euro zone sources preparing for meetings of the region’s finance ministers [...]
Recovery, debt woes to hound stocks »
Recovery, debt woes to hound stocks
Stocks face more turbulence that could send indexes spiraling through key levels next week as doubts about the pace of the global recovery persist and fears over Europe’s sovereign debt woes rattle sentiment.
Investors worry that the debt problems will hinder efforts to sustain the nascent economic recovery and [...]
The Total Debt Relative to GDP Trumps Everything Else »
Fri, Jan 29 2010, 06:03 GMT
Barron’s magazine printed the first part of its annual Roundtable discussion of 2010 this past week. We noticed that many of the participants were very concerned about the debt (mostly government debt while we think total debt is a much more useful metric). Marc Faber, [...]
The Belgian Debt agency raised EUR 5 billion in a new benchmark issue »
Wed, Jan 13 2010, 07:58 GMT
Stocks market indices worldwide turned south as China raised the banks’ reserve requirement, signalling a gradually scaling back of loose monetary conditions. The Dow/S&P declined 0.34%/0.94%.
The disappointing results from Alcoa and a plan of the Obama administration to raise a fee of up to $ 120 [...]
Britain’s Inflationary Debt Spiral »
Fri, Dec 25 2009, 22:40 GMT
Over the coming years we will witness the systematic destruction of the British currency as witnessed through the inflation and commodity / asset price data as the Inflation Mega-trend starts to unfold following the asset price destruction induced Deflation of 2008 into early 2009.
This is the [...]
Eur/Usd surges off Dubai World repayment of 4.1B of debt »
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
Citizens lay down law on U.S. debt »
NEW YORK (CNNMoney.com) — When it comes to managing the country’s purse strings, Washington gets a failing grade from several groups of citizens and experts across the country.
Those groups, part of the Concord Coalition’s Fiscal Stewardship Project, went to Capitol Hill on Monday to deliver a report to their lawmakers detailing their suggestions for [...]