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Descent of the Global Monetary System

Tom Spencer

Australia, Canada, the EU, Japan, Mexico, the UK, and America), when they devalue their currency it tends to weaken in the foreign exchange market, making the country more competitive in global trade. For example, if the US government spends more than it collects in taxes, it can finance the budget deficit by selling bonds.

System 88
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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Of course, there is also persistent overoptimism about earnings growth and stock market expectations. In November 2007, the Federal Open Market Committee began releasing projections for real GDP growth four times per year in its Summary of Economic Projections (SEP). The track record on recessions is perfect. 6/1/2009 0.28 -3.65

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940 Chinese Firms Halt Trading; China Allows Houses as Margin, Bans Use of Term "Equity Disaster"; Two Rules, Two Questions

MishTalk

China's Market and Policy Timeline Bloomberg has an interesting graph of China's Market and Policy Timeline. Another 173 firms listed in Shanghai and Shenzhen announced trading suspensions after the market closed on Tuesday, bringing the total to around 940, or more than a third of all listed firms on the two exchanges.

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Nifty-Fifty Becomes Fab-Five; Return of the "Four Horseman"; Ozone Layer

MishTalk

Nonetheless, the long bear market of the 1970s that lasted until 1982 caused valuations of the nifty fifty to fall to low levels along with the rest of the market, with most of the Nifty-Fifty under-performing the broader market averages. That theory was labeled the " Nifty-Fifty ". Oh, how the technology landscape has changed.

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Mish's Global Economic Trend Analysis: China Manufacturing.

MishTalk

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