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Posts Tagged ‘chinese’

American Family ( Masa Harina )

American Family American Dad is definitely technically funnier than Family Guy (like old-school Simpsons relevant jokes).

Hong Kong: Property market bubbles bursted into public outrage

Earlier in October, an apartment in Hong Kong was sold for USD$57 million, a recording breaking price, locally and globally.

Mortgages take up 50% of new loans

Mortgage loans accounted for half of the new yuan lending in Shanghai in September as home buyers bought property on fears that prices may rise further. Chinese banks granted 13.8 billion yuan (US$2 billion) in new individual mortgage loans last month in the city, the Shanghai headquarters of the People’s Bank of China , the central bank, said yesterday

US Economics Week Ahead: Earnings Usurp Housing

On the economic front the market will be encountering some important housing related releases in addition to the Fed’s Beige Book on Wednesday.  On the housing front, on Monday the market will get a peak at October’s NAHB/Wells Fargo Housing Market Index, followed by housing starts on Tuesday.  However, the most important housing release of the week should be existing home sales for September, which is being reported on Friday.  This index unexpectedly declined last month, causing investors to q

US Economic Week Ahead: A Shortened Week with a Big Punch

Despite a holiday on Monday, we have a busy week on all fronts, combing a deep economic calendar with a flurry of critical earnings releases.  On the economics front the two most important indicators are retail sales on Wednesday and CPI on Thursday.  September’s retail sales could face some negative pressure on the back of the termination of the ‘Cash for Clunkers’ program, while the CPI should remain well within comfortable levels.  Other indicators of note are the FOMC minutes, the Philly and

So, Paulson lied? He’s misled America from Day One

Before we get to the new TARP IG revelations of Hank Paulson’s deceit on the health of financial institutions, let’s take a trip down bank bailout memory lane. He’s been misleading America from Day One.On September 19, 2008, I declared the death of fiscal conservatism:Bush Treasury Secretary Hank Paulson just wrapped up his press conference announcing the Mother of All Bailouts

Why Don’t Americans Get To Avoid Foreclosure As Part Of The Bailout Plan?

I know i am naive and not a financial whiz, but if we are going to be buying subprime mortgages at lets say 50 cents on the dollar, couldnt we refinance peoples houses at lets say 60 cents on the dollar.

US Economics Week Ahead: Is October the new September?

Based on last week’s negative performance on the back of several pieces of melancholy economic news some investors may argue September has come late this year.  Looking ahead, we have a pretty quiet week on the data front, which may cause investors, still trying to heal from last week’s wounds, to place added emphasis on second tier indicators.  Over the coming weeks investors will continue gauging the magnitude of the pullback stemming from the cessation of ‘Cash for Clunkers’ on the overall ec

The Public Bites Back

in, of all places, Kansas .

Reshape Global Economy? What Will You Do, Mr. President?

  http://www.reuters.com/article/newsOne/idUSTRE58G34Z20090921?sp=true The good news is that President Obama understands that global trade imbalances – especially America’s enormous trade deficit - is what collapsed the global economy, and he will push the G20 at the meeting in Pittsburgh to reshape the global economy: U.S. President Barack Obama said on Sunday he would push world leaders this week for a reshaping of the global economy in response to the deepest financial crisis in de