BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Poll: Global Economic Confidence Dips on Greece's Debt Woes]]>http://www.bloggingstocks.com/2010/03/10/poll-global-economic-confidence-dips-on-greece-s-debt-woes/http://www.bloggingstocks.com/2010/03/10/poll-global-economic-confidence-dips-on-greece-s-debt-woes/http://www.bloggingstocks.com/2010/03/10/poll-global-economic-confidence-dips-on-greece-s-debt-woes/#commentsFiled under:

A new Bloomberg News survey indicated another modest setback on the global economic front as confidence in the world economy fell in March on concern that the lateral effects from Greece's budget crisis would hurt the recovery.

The Bloomberg Professional Global Confidence Index (BPGCI) fell to 53.8 in March from a record-high 54.9 in February, Bloomberg News reported Wednesday. However, the index remained above 50 for the eighth consecutive month. Readings above 50 mean there were more optimists than pessimists in the survey. The index was at 66.6 in January.

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Poll: Global Economic Confidence Dips on Greece's Debt Woes originally appeared on BloggingStocks on Wed, 10 Mar 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bloomberg Professional Global Confidence Indexeconomyeurogreeceinthenewsworld economyWed, 10 Mar 2010 18:00:00 EST<![CDATA[Ray of Light: G-7 Finance Ministers Vow to Maintain Stimulus]]>http://www.bloggingstocks.com/2010/02/08/ray-of-light-g-7-finance-ministers-vow-to-maintain-stimulus/http://www.bloggingstocks.com/2010/02/08/ray-of-light-g-7-finance-ministers-vow-to-maintain-stimulus/http://www.bloggingstocks.com/2010/02/08/ray-of-light-g-7-finance-ministers-vow-to-maintain-stimulus/#commentsFiled under: ,

Monday's upbeat data point concerns the G-7, which agreed over the weekend to maintain economic stimulus measures, even as institutional investors (among others) start clamoring for nations to address large budget deficits.

Meeting amid the frozen tundra of Iqaluit, Canada (as opposed to the almost equally frozen tundra of Washington, D.C.), Canada's Finance Minister Jim Flaherty said G-7 ministers "are mutually committed" to continuing stimulus, and will start looking at exit strategies after regional economies are on a sustainable growth track, Bloomberg News reported Monday.

Continue reading Ray of Light: G-7 Finance Ministers Vow to Maintain Stimulus

Ray of Light: G-7 Finance Ministers Vow to Maintain Stimulus originally appeared on BloggingStocks on Mon, 08 Feb 2010 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>G7jim flahertyJimFlahertystimulusworld economyWorldEconomyMon, 08 Feb 2010 17:30:00 EST<![CDATA[CME Group to accept gold as collateral]]>http://www.bloggingstocks.com/2009/10/19/cme-group-to-accept-gold-as-collateral/http://www.bloggingstocks.com/2009/10/19/cme-group-to-accept-gold-as-collateral/http://www.bloggingstocks.com/2009/10/19/cme-group-to-accept-gold-as-collateral/#commentsFiled under:

On Friday October 16, CME Group (NYSE: CME) decided that it wants to allow customers across the globe to use gold, physical gold, as collateral on all of its exchange products (alternative investment products, futures and options, etc). The member notice was sent out on late Friday, giving instruction on how the use of gold would work. Firms are allowed to post gold as collateral up to $200 million, the collateral will cover performance bond (margin) requirements.

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CME Group to accept gold as collateral originally appeared on BloggingStocks on Mon, 19 Oct 2009 17:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CMEglobal economygoldinthenewsworld currencyworld economyMon, 19 Oct 2009 17:40:00 EST<![CDATA[World Bank lowers China's growth forecast]]>http://www.bloggingstocks.com/2009/03/18/world-bank-lowers-chinas-growth-forecast/http://www.bloggingstocks.com/2009/03/18/world-bank-lowers-chinas-growth-forecast/http://www.bloggingstocks.com/2009/03/18/world-bank-lowers-chinas-growth-forecast/#commentsFiled under:

Late in Tuesday's session, the World Bank cut its growth forecast for China to 6.5% from 7.5%. The bank cited dropping exports as a reason for the lowered forecast, but it did note that it is confident in China's ability to expand its economy in the current environment. The bank's quarterly report say that the drop in trade is going to negatively impact China's investment and job creation. Nevertheless, China should grow faster than other countries thanks to its stimulus package coupled with its strong banks, which have escaped the financial crisis unscathed.

A week ago, China's Premier Wen Jiabao announced that the country should meet its official 8% growth target (which some believe must be met for the country to create enough jobs for its influx of new workers) although exports fell 25.7% in February. Economists expect China's growth to come in between 5% and 8%, which is sharply lower than 2007's 13% expansion, but better than any other major country.

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World Bank lowers China's growth forecast originally appeared on BloggingStocks on Wed, 18 Mar 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chinas economyChinasEconomyeconomic crisisEconomicCrisisemerging marketsEmergingMarketsgrowing economiesGrowingEconomiesinthenewsworld economyWorldEconomyWed, 18 Mar 2009 09:50:00 EST<![CDATA[Sunday Funnies: Ben Bernanke, someone hates what has happened]]>http://www.bloggingstocks.com/2007/11/04/sunday-funnies-ben-bernanke-someone-hates-what-has-happened/http://www.bloggingstocks.com/2007/11/04/sunday-funnies-ben-bernanke-someone-hates-what-has-happened/http://www.bloggingstocks.com/2007/11/04/sunday-funnies-ben-bernanke-someone-hates-what-has-happened/#commentsFiled under: , , , , , , , , , ,

Bear MarketI'm glad that I'm not the only one who is just a little miffed at the way that Fed chairman Ben Bernanke and his elite staff have chosen to handle our economy. My feelings fall pretty much in line with those of investment genius Jim Rogers. I listened to a short interview with him today on public radio. He pretty much confirmed my belief that the dollar could be going the way of the dinosaurs. For crying out loud, the Fed dumped about four tons of greenbacks on the financial system Thursday. Bank leaders such as Citigroup Inc. (NYSE: C) aren't generating enough profit to meet the demands of operation and to please the shareholders at the same time! What's the Fed going to do about the 80% profit decline at Wachovia Corp. (NYSE: WB)? A lower basis point for bank borrowing won't even scratch the surface of the cash shortfall. In fact, the lower the basis point the more it injures the bank's ability to make a profit on the loans that we need right now to salvage some home ownership scenarios from the mortgage debacle. How much more evidence do you need to realize we are living in a time of disastrous fiscal policy? We're lining up to make 1929 look like a cake walk.

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Sunday Funnies: Ben Bernanke, someone hates what has happened originally appeared on BloggingStocks on Sun, 04 Nov 2007 09:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>alternative energybear marketBen BernankeBritish economycitigroupcurrencyemploymentfeaturedFederal Reservegeothermal energygovernment grantsindustrial capacityinflationJim Rogersmanufacturingmonetary policynational debtphantom dollarsrailroadsrecessionsolar cookingsolar energysovereign-wealth-fundsSunday Funniestax baseU.S. dollarwachoviawarehousingwells-fargoworld economySun, 04 Nov 2007 09:10:00 EST