All Posts Tagged With: "inflation"
IMF: US Economy Likely to ‘Stagnate’
The US economy is likely to “stagnate” in the second half of this year, says the International Monetary Fund (IMF).
It has also warned that there will be no real growth in activity in the US until well into next year.
US stocks are hurting, too, particularly those in the financial sector. Shares in banking giants Citigroup and Merrill Lynch both dropped about 6% at the end of last week — and there are rumors that bellwether Merrill is on the verge of issuing a profits warning.
A ‘New Wave’ of the Credit Crisis Threatens Banks
A “new wave” of the credit crisis is now battering banks and lenders that steered clear of toxic subprime-related loans, says The Washington Post.
Late payments on home-equity loans are at a record high, and delinquency rates on loans for cars, small businesses and construction are at levels not seen in a decade or more — all bad news for lenders, regardless of their subprime exposure.
Of course, the bad news isn’t limited to the financial sector. Mike Burnick in the Offshore A-Letter warns of that a triple whammy of deflation, inflation, stagflation is also threatening the global economy…
Vietnam’s Coming Resurgence Explained: 6 Reasons Why You Should Get In Now
The government is serious about tackling inflation. Investor confidence has returned. The IMF believes Vietnam is on the right track. Food inflation is set to fall drastically. Domestic manufacturing capacity increasing rapidly. Oil refinery set to come online in 2009.Let me explain this in a bit more detail…
Asking Too Much of a Fiat Currency
Trying to preserve buying power with advanced purchases of oil! Sort of like buying gold and silver, but messier. Stick with silver and gold. You’ll be glad you did, as your motives are the same as everybody else’s…
Inflation Goes Global
“Say goodbye to your money!”…bursting bubbles always lead to the same things…Inflation: Enemy Number Two…what kind of world would it be if people always behaved sensibly? Sicking “the fuzz” on terrorism…the bubble that always ends in the perp walk…and more!
Mexico Joins the Global Battle Against Inflation with Surprise Rate Cut
Mexico’s central bank unexpectedly raised its benchmark interest rate by a quarter percentage point to 7.75% Friday, warning that the rate of inflation may exceed its previous forecast.
Financial Fears Sweep the Globe After RBS Predicts Worldwide Stock Market Crash
As rocky as the global markets have been, the worst is yet to come, the Royal Bank of Scotland Group PLC (ADR: RBS) warns.
Can Inflation Save Canada from Recession?
Canada’s consumer price inflation rose 2.2% year-over-year in May, edging ahead as the Bank of Canada signaled it would last week. The spike suggests Canada’s economy of is also sputtering alongside that of the United States, but soaring commodities costs just may help our northern neighbor skirt recession.
And Then There’s This…Friday, June 20th, 2008
The gold price lost about eight bucks (silver was down about 20 cents) from the open in Sydney on Thursday morning until about fifteen minutes before the Comex opened in New York yesterday morning.
Resource Stock Roundup: Friday, June 20th, 2008
Profit taking was the name of the game during Thursday trading on the Canadian Markets.
Latest News
- Expect Global Inflaiton to Push Gold to $2,2002:25pm CDT
- Another ECB Rate Hike Will Kill the Dollar2:02pm CDT
- BRICs Crumbling Under Weight of Inflation10:51am CDT
- Food Producers Fail to Benefit from Spike in Market Prices10:23am CDT
- European Bank Stocks Rise on Improved Outlook9:34am CDT
- Crude Oil Prices Hit $146… Who’s to Blame?9:18am CDT
- UBS Shakes Up Board Ahead of ‘Likely’ IRS Probe11:41am CDT
- Iraq Seeks Foreign Investment to Rebuild Energy Sector10:37am CDT
- CIT Group Offloads Home Mortgage Business10:28am CDT
- The Decline and Fall of the American Empire9:16am CDT
- Gas Prices Remain High for Fourth of July Weekend7:49am CDT
- Crude Oil Prices Hit Another Record High Above $1401:26pm CDT
- Speculators Are to Blame for Sky-High Crude Oil Prices12:59pm CDT
- Gold Soars on Iran Attack Fears11:38am CDT
- Stimulus Checks Give One-Off Boost to Consumer Spending11:31am CDT
- Brazilian Industrial Output Slows11:14am CDT
- Qatar Sovereign Wealth Fund to Invest $8bn in Libya11:11am CDT
- June Slump Leads Dow Into Bear Market9:59am CDT
- Time to Jump In to GM Foods?8:19am CDT