Category: Global markets

Month in Review, January 2013: Part 2, To the global

14 March, 2013 (14:38) | Bankruptcy, Cambridge, Detroit, Elderly, Euro, Global markets, Greece, Humor, MEEs, Month in review, Public housing, Redevelopment, Rent control, Spain, Speculation |

By:David A. Smith   [Continued from yesterday's Part 1.]   Yesterday’s Part 1 of this review on the localized issues covered in January brought us to the problem of one elderly mother and her daughter and son-in-law, an issue that is confronting China (and even more, Japan) at a scale far surpassing our needs here [...]

Month in Review, January 2013: Part 1, From the local

14 March, 2013 (14:34) | Bankruptcy, Cambridge, Detroit, Elderly, Euro, Global markets, Greece, Humor, MEEs, Month in review, Public housing, Redevelopment, Rent control, Spain, Speculation |

[Previous Months in Review available here: Dec 12, Nov 12, Oct 12, Sep 12, Aug 12, Jul 12, Jun 12, May 12]   By:David A. Smith   No interval is so gloomy as to be entirely without its lighter side, and for a New England Patriots fan despondent at the team’s elimination from the playoffs, [...]

That sound you hear: Part 3, the silence of the lambs?

30 December, 2011 (12:30) | Capital markets, China, Credit, Global markets, Markets, Recession, Speculation, Subprime |

[Concluded from yesterday's  Part 2 and the preceding  Part 1.]   By:David A. Smith   In yesterday’s Part 2, using as main text a Telegraph story by long-time China skeptic Ambrose Evans-Pritchard, and a doom-saying report a month ago from The Epoch News (13 November 2011), we discovered that the long-foretold but long denied correction [...]

Yin and Yank?

1 April, 2009 (10:45) | Capital markets, China, Global markets, Securitization, US News | 1 comment

In the weeks and months to come, you will hear much wailing about Chinese policy this and Chinese economic pressure that – and there’s no doubt that China’s economic policy now has a powerful effect on America’s – but let that not blind you to the curious (and potentially hopeful?) interdependency that appears now to [...]

The Law of Economic Pressure: Part 2, China’s push?

10 February, 2009 (10:41) | Capital markets, Essential posts, Global markets, Primer Posts, Speculation, Subprime, US News |

[Continued from yesterday’s Part 1.]   Yesterday’s post highlighted a deliberately provocative Washington Post Op Ed, What OPEC Teaches China, by Sebastian Mallaby, arguing that our pricing expansion – and now the painful contraction – were caused by deliberate currency manipulation from China.   I am offended that you question my motives   The second [...]