Date: June 8, 2012
Succinct summation of week’s events:Positives:1) After falling every single day last week, the Spanish IBEX rallies every single day this week in anticipation of bank recap via EFSF.2) With room to move, the PBOC and RBA both cut in...
Succinct Summation of Week’s Events (6.8.12) | The Big Picture
As Europe’s sovereign debt crisis
escalates, Germany is becoming a magnet for depositors keen to
stow their savings in the euro area’s safest market. Deposits in Germany rose 4.4 percent to 2.17 trillion euros
($2.73 trillion) as...
Capital Flight Leaves Banks in Germany Awash in Deposits - Bloomberg
by CalculatedRisk on 6/08/2012 08:30:00 AMThe Department of Commerce reported: [T]otal April exports of $182.9 billion and imports of $233.0 billion resulted in a goods and services deficit of $50.1 billion, down from $52.6 billion in...
Calculated Risk: Trade Deficit declines in April to $50.1 Billion
Forexpros - Natural gas futures were lower during European trade on Friday.On the New York Mercantile Exchange, Natural gas futures for July delivery traded at USD2.235 per million British thermal units at time of writing falling 1.72...
Natural gas futures lower during European trade By Forexpros
investedcentral.com/public...lJFiMmyvzzGVy
Chart Of The Day
By Greg hunter’s USAWatchdog.com? On Friday, both gold and the Dow flashed the same warning signal—the economy is in deep trouble.? The Dow plunged nearly 275 points on the news of a weak jobs report, and gold rocketed higher by...
Gold and Dow Flash the Same Warning Signal | Greg Hunter’s USAWatchdog
Robert Zoellick: 'Far from clear leaders ready for impending catastrophe'Raft of dismal news from around world wreaked havoc on marketManufacturing output crashed in Britain, jobless up in Europe and U.S.Fast-emerging economies such a...
'Markets are facing a rerun of the Great Panic of 2008': Head of...
The critical question over the next decade isn’t “where will my returns be highest?” but “where will I lose the least money?”That, according to economist and investor Marc Faber, is the scenario facing investors today.As the au...
Faber: ‘Massive Wealth Destruction’ Coming, Well-to-Do ‘May Lose 50%’
Jun 7th 2012, 19:18 by R.A. | WASHINGTON EARLIER this week, the Bureau of Economic Analysis released its advance estimate for state-level GDP growth in 2011. For most of the country, 2011 brought decent though not outstanding growth....
America's economy: Recoveries and lost decades | The Economist