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Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

Argentina Institutes 50% Tax on Internet Purchases; Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup Yesterday, Argentina devalued the Peso hoping to halt further declines in its currency reserves. Markets had seen this coming as charts of the Peso vs. the US dollar show. The 5-year decline is over 50%.

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Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

MishTalk

After continual clashes over economic policy with Argentina’s economy minister Axel Kicillof, there are fears that Mr Fábrega’s departure may clear the way for greater government control over the central bank. There was a sharp sell-off in the benchmark Merval stock index after Mr Fábrega’s departure was announced. to the US dollar.

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Fed a Creature of Financial Markets; The Draghi PUT; Global Crisis Coming Up

MishTalk

Creature of Financial Markets Stephen Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, blasts the Greenspan Fed, the Bernanke Fed, and the Yellen Fed in his latest post The Perils of Fed Gradualism. A majority of financial market participants applaud this strategy. In fact, it is a dangerous mistake.

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Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

MishTalk

Even though Singapore is no longer an emerging market nation, I consider its bubble economy to be part of the overall emerging markets bubble that I have been warning about due to its strategic role and locationin Southeast Asia, which is also known as ASEAN (Association ofSoutheast Asian Nations).

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More Currency Intervention Madness: Sweden Draws Line in Sand with Euro

MishTalk

Some of Scandinavia’s biggest banks are warning investors not to underestimate the risk that the central bank is preparing to intervene in the currency market. With a benchmark interest rate already at an historic low of minus 0.35 With a benchmark interest rate already at an historic low of minus 0.35 Why the panic?

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China Attempts to Prop Up Stock Market After Steep Declines; 1929 Flashback

MishTalk

The overheated Shanghai and Shenzhen markets have lost 29 and 32 per cent respectively over the past three weeks following 7-year highs reached on June 12. Instead of welcoming a much needed correction, Chinese brokerages and the Bank of China agreed to prop up the market. The benchmark Shanghai Composite Index added 2.41

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Strategy and general business consulting firms in Australia

Tom Spencer

Nous service lines include business strategy, public policy, leadership & people development, organisational capability, and information management & technology. July 31, 2008 at 7:06 am. October 17, 2008 at 3:40 am. I came online looking for coys for benchmarking,what i got is pleasant and very useful.