Archive for June, 2011
File not found. There Will Be Blood In The Eurozone
EU commissioners are deeply worried about Greek situation, and expect the markets to “smell blood” in the near future.
The Volatility Index Shows That Investors Have No Fear At All
Despite recent return of fears over the Euro crisis and global slowdown, the “fear gauge” suggests that there isn’t much fear.
Greek Tragedy: Everything Is Falling Apart
Greece is facing an awful public finance, a internal political turmoil, and the absudity of the Euro. Nothing is looking good.
China, Real Estate. 15 June, 2011, 13:02
S&P Cuts The Outlook For Chinese Real Estate Developers To Negative
Standard & Poor’s cuts the outlook for Chinese real estate developers from stable to negative.
China Economy: Risk Of Hard Landing Increases
Monetary tightening does not work, until it does. When it works, the outcome may be unpleasant.
China: “No Hard Landing” Call Is Premature, As The Plane Has Not Even Descended
“No hard landing” call is simply premature, because the Chinese economy is still flying high in the sky without descending enough.
Economy, United Kingdom. 14 June, 2011, 17:00
United Kingdom: CPI Inflation Remains At 4.5%, RPI Inflation At 5.2%
Conumer Prices Inflation in the UK stays at 4.5% in May, matching the market expectation, yet remains way above target.
People’s Bank Of China Raises Reserve Requirement Ratio By 50 Basis Points
The People’s Bank of China announced that it would raise the reserve requirement ratio by 50 basis points to curb prices.
China: Inflation Accelerated To 5.5% In May
CPI inflation accelerated to 5.5% in May, matching consensus estimate, confirming that inflationary pressure remains amid slowdown.
British Empire, United States Of America, And People’s Republic Of China
The rise of superpowers was not always obvious. For China, the path to superpower will probably be more elusive that many realise.
Greek Tragedy: The Political Mess Of Europe
The fiscal and economic mess in peripheral countries are no doubt becoming a political is for the entire Europe.
Dong Tao: The Risk Of Hard Landing Is On The Rise
Dong Tao, the China economist of Credit Suisse, believes that the risk of hard landing of the Chinese economy is on the rise.
China: Monetary Statistics For May 2011
Monetary policy is headed to a right direction. More tightening is warranted, but slowdown in the West may slow down the tightening.
China’s Economy As The West Slows
A slight slowdown in the developed economy can be good for China for now, but the deflating real estate bubble remains an big issue.
Risk On/ Risk Off, Carry Trade, And US Dollar
Some random thoughts on risk on/risk off trades and carry trade, and the implications to the US dollar.
Greek Tragedy: European Banks Vs. US Banks
Greece will most probably default without any help, but she is not allowed to because banks would not want to see this happening.
Hong Kong, Real Estate. 10 June, 2011, 18:11
Hong Kong Monetary Authority Tightens Residential Mortgages Again
The Hong Kong Monetary Authority just announced tougher measures to curb property prices in Hong Kong.
Greek Tragedy: The Unbearable Absurdity Of The Euro
Jean-Claude Trichet speaking is like exposing the unbearable absurdity of Euro. Raising rate next month will probably be the worst possible thing to happen.
Hong Kong, Real Estate. 10 June, 2011, 15:28
What Are Hong Kong Property Developers Doing?
Lee Shau-kee is sobering up a bit, while Ronnie Chan seems to be planning a massive sell-off of its inventory.
China: Trade Surplus Of May Grew Less Than Expected
China’s Trade surplus increased to US$13.1 billion in May, less than forecast on slower-than-expected exports growth.