Archive for November 18th, 2008

Bonds and Stocks

Inflation Dropping in the U.K., U.S. and Euroland

November 18, 2008

Falling food and energy costs have spearheaded a reversal of inflation that is being felt pretty universally. Key price indices were released today by Britain and the United States. British consumer price inflation for October fell to 4.5% from 5.2% in September, which was also the third-quarter and cyclical high. The 0.7 percentage point reduction […] More

Strengthening Dollar Support From Credit Market Crisis

November 18, 2008

Monthly U.S. capital flows in September released today depict renewed foreign buying of U.S. long-term securities, continuing net U.S. sales of foreign assets, a leap in foreign demand for Treasury bills, and an even larger drop in bank-reported private U.S. liabilities to foreigners. While the escalating rupture of money markets attracted flight-to-safety capital, the U.S. […] More

New Overnight Developments Abroad - Daily Update

New Overnight Developments Abroad: Financial Shares Lead Stock Tumble in Asia and Europe

November 18, 2008

Japan’s Nikkei-225 fell another 2.3%. Stocks elsewhere in Asia fell by 7.4% in China, 4.5% in Hong Kong, 4.1% in South Korea and between 3% and 4% in Indonesia, India, Singapore, the Philippines, Thailand, and Taiwan. Stocks dropped 3.6% in Australia. In Europe, the Paris Cac, British Ftse, and German Dax are trading 1.6%, 1.5%, […] More