Markets

Deleveraging Has Finally Begun In China

Chinese credit growth slowed in October. New loans fell to 506 billion yuan, down from 787 billion yuan in September. Outstanding loans climbed 14.2%, down from 14.3%. M2, a broad measure of money supply climbed to 14.3% on the year, compared with 14.2% the previous month. And total social financing […]
Deleveraging Has Finally Begun In China
Markets

GARY SHILLING: We’re In For Another 5 Years Of Painful Deleveraging

[credit provider=”Bloomberg Television” url=”http://www.bloomberg.com/video/gary-shilling-on-treasuries-u-s-economy-budget-gCjm2BfGRRupoBzWvO_h2Q.html”] The current domestic and global investing environment is dominated by deleveraging, according to Gary Shilling. In other words, households and institutions are slashing the debt on their balance sheets.
GARY SHILLING: We’re In For Another 5 Years Of Painful Deleveraging
Markets

This Chilling Economic Report Is Getting Passed Around By CEOs

[credit provider=”Brian Jeffery Beggerly on Flickr” url=”http://www.flickr.com/photos/beggs/88809324/in/photostream/”] Over an early-morning coffee with the chief executive of an FTSE 100 business last week, talk turned to the outlook for 2013. Where I had expected some guarded optimism, instead I heard a chilling analysis.The CEO said he had been reading a new […]
This Chilling Economic Report Is Getting Passed Around By CEOs
Markets

China’s Catastrophic Deleveraging Has Begun

[credit provider=”helga tawil souri on www.flickr.com” url=”http://www.flickr.com/photos/helgatawil/6071337237/”] 1. The frustrated and aggressive central bankIf one wants to know how bad the health of China’s economy has gone, look no further than the PBOC’s composure, which seems rather frustrated and aggressive as of late. On 5th July, the central bank cut […]
China’s Catastrophic Deleveraging Has Begun