Category Archives: Economy

The Backfire of QE and High Oil Price

last week I topped my article regarding the Federal Reserve’s QE that pumps the liquidity to the supply side instead of the demand side.  The article further pinpointed that the consequence of the QE, accompanying with high oil price, will reluctantly squeeze the … Continue reading

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Exchange Rate of Chinese Yuan and Inflation in China

By Hui Zhong We all know the living standard in China, denoted by increased incomes and savings, is quickly diluted by its high inflation, especially for the food prices.  The inflation is always associated with over printing by the Chinese Central Bank.  But … Continue reading

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Retail Sale Miss in January but the Business Inventory Beat in December

Today the U.S. Census Bureau reported the January’s retail sale comes at +0.3%, lower than the +0.5% expectation by the market.  The retail sale data of December is also revised down to +0.5% from +0.6% reported earlier.  In another report, December’s business inventory … Continue reading

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Food Prices in China

The data of the following Table listing the food prices in China comes from National Bureau Of Statistics of China.  Remember food prices in China occupy 31.4% of its CPI.  1 U.S. Dollar = 6.6 Chinese Yuan

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20 Reasons Why a Wall Street Panic May Be Close

US Muni bond indices collapsing US State bankruptcy procedures being seriously discussed, indicating bankruptcies are imminent the 7 day SHIBOR (and repo rate) surging to new multi-year highs and has literally exploded from 2.5% to 7.3% in a few short … Continue reading

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Shock as UK economy shrank by 0.5% at end of 2010

Graeme Wearden, Tuesday 25 January 2011 11.38 GMT The UK economy shrank by a shock 0.5% in the last quarter of 2010 as Britain’s recovery from recession faltered. Most of the unexpected contraction was caused by the wintry weather … Continue reading

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SHIBOR: We Have A BIG Liquidity Problem

Submitted by Tyler Durden from on 01/21/2011 12:50 -0500 When two weeks ago we first pointed out the surging Chinese weekly SHIBOR (following up on comparable observations from last summer) it prompted a variety of bemused responses, the bulk of which … Continue reading

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