Archive for August 9th, 2010

Central Bank Watch

Bank of Japan Preview

August 9, 2010

Japan’s central bank authorities face mounting pressure to take more concrete action to counter deflation from politicians in the ruling party and the opposition parties alike.  There have been calls for legislation that would weaken the Bank of Japan’s independence. The GDP deflator in the first quarter of 2010 was 2.8% lower than in 1Q09 […] More

Larry's Blog

Life, Liberty And Employment

August 9, 2010

As proclaimed by the United Nations, most countries on earth believe in the human rights of  life, liberty, and security.  The U.S. Declaration of Independence speaks instead about the rights to life, liberty and the pursuit of happiness.  It is agreed that people are endowed with inalienable rights to life and freedom from political oppression […] More

New Overnight Developments Abroad - Daily Update

German and Japanese Growing at Vastly Different Speeds

August 9, 2010

Monday has seen Asian and European equities move impressively higher, but the trend was not shared by Japan.  While the Nikkei lost 0.7%, stocks advanced 0.9% in Taiwan, 0.7% in India, Indonesia, and China, 0.6% in Australia and Hong Kong and 0.4% in South Korea.  The Paris Cac, British Ftse, and German Dax are up […] More