Category: Economics
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The Energy Correlation Coefficient
The recent divergence between the stock and bond markets has caused a stir among analysts concerning the direction of the economy. With the Dow hitting new highs, many equity observers have proclaimed a new bull market. Bond market analysts, on the other hand, have seen yields decline, a typical indication of a coming recession. While…
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Globalization of Financial Markets
Investing abroad has been a fundamental part of institutional investor’s strategy for quite some time now, but now globalization of financial markets has given the traditional investor a chance to take advantage of the opportunities abroad. Over the last few years, especially since the U.S. recession in 2001-2002 when U.S. equities struggled, investors have looked…
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Has Mexico turned the corner?
After centuries of lagging behind, Mexico seems to be headed on the right track, especially with the recent election of Felipe Calderon. Has Mexico set the foundation for its return to greatness? In the grand history of civilization, the case of the United States vs. Mexico is one of the most prime examples of how…
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From Wall Street to Beijing: Global Finance Has New Rules, New Players
The rising power of hedge funds and private equity investment, continued sharp competition among Wall Street firms, and growth in China and India are the key drivers of global finance today, according to industry leaders at a recent Wharton Finance Conference whose theme was From Wall Street to Beijing: Thriving in a Changing Environment. Speakers…
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Soaring energy costs, alongside competitive pressures and huge trade imbalances, are pushing the global economy closer to a tipping point, says Scotiabank Chief Economist
TORONTO, Oct. 11 /CNW/ – While the global economy expansion was still on track in the waning days of summer, the negative fallout from a growing list of natural disasters, related energy market turbulence and periodic terrorist attacks points to slower growth during the fall and winter, according to Scotia Economics’ flagship report, Global Outlook…
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Group Claims Investing Abroad Helps U.S. Interests
(AXcess News) Washington – Getting Afghan girls into school, combating the spread of HIV in Rwanda and helping to monitor the Amazon forest in Brazil have proven to be rewarding deals for American businesses investing abroad. The Center for Global Engagement, a new U.S. government group, recognized 12 success stories of American investments abroad at…
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Who’s Afraid of China Inc.?
WILLIAM A. REINSCH, an avowed free trader, welcomes China’s rising stature in the international economy. After all, he is the president of the National Foreign Trade Council, an organization founded in 1914 to promote an “open world trading system.” Indeed, when he was a senior trade official in the Clinton administration, Mr. Reinsch was chided…
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The Future of the Dollar
By Clyde Harrison – CHICAGO (ResourceInvestor.com) — Leo Malamed is known as the Father of the derivatives market. I started in the investment business in 1968, so I was around when the baby was born. In 1968, the Mercantile Exchange wasn’t well known as they only traded eggs and pork bellies. The Exchange being made…
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Striking out inflation
Dick Fisher is the spanking new president of the Federal Reserve Bank of Dallas and a voting member of the Fed’s open market committee policy arm. A terribly bright guy, he is somebody who reads the research memos and looks at the data. He may be a Democrat — he served as deputy trade representative…