By Frank Holmes Indonesia’s workforce is growing 7,000 people stronger each day, adding an estimated 21 million people to its workforce by over the next decade. This is second only to India as Asia’s fastest growing...
Read MoreBy Economy Watch Global oil prices will double to more than $250 a barrel if Western economies impose a ban on Iranian oil exports, warned an Iranian government official on Sunday, 4 Dec. “Imposing sanctions on oil and gas...
Read MoreBy Mike “Mish” Shedlock The latest Food Stamp data (now called SNAP) is out. Here is a chart by reader Tim Wallace showing program usage. I added highlights in yellow to mark recessions based on NBER Business Cycle...
Read MoreBy Justin Fritz at Wall Street Daily Two drunk guys get on a plane… No, this isn’t the beginning of a joke. It’s a true story that occurred on Thursday, Dec. 1, involving two executives from Research In Motion...
Read MoreBy Chris Turner (via Doug Short) At the beginning of December with 99% of Q3 earnings reported, here is the latest update of my ongoing “thought experiment” for forecasting the S&P 500 price based on earnings...
Read MoreBy Russ Winter Here is the chart few are looking at, and explains the concept of the dearth or shrinkage of so called safe collateral in the Euro and USD. The reason of course is that the Fed and other central banks hold much of...
Read MoreBy Bruce Krasting Note: After writing this article I received a number of comments that questioned whether the numbers presented in this piece reflect the 2% payroll tax holiday that occurred in 2011. The answer is that these...
Read MoreBy Andrea Edwards via Economy Watch Burson Marsteller recently released the “Asia Pacific Corporate Social Media Study 2011, How Asian Companies are Engaging Stakeholders Online”and here’s the shorter...
Read MoreBy Stan Abrams The Chairman of Morgan Stanley Asia, Stephen Roach, said on Bloomberg TV on Dec. 2 (clip below added by EconMatters, Chano’s section at about 2:30 mark) that well-known China short seller Jim Chanos...
Read MoreBy Bruce Krasting What does this poker player– Matt Giannetti — and these well know pro athletes have in common? Tiger Woods David Ortiz The following current or ex pro football players are also involved: Arian...
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