Articles by GDP
Four Signs The Global Economy Is Slowing
September 18 2012 2:46 PM
FedEx's forecast cut, signs of stagnation in Germany, drops in oil price and looming political tensions spell trouble for the global economy.
Quantitative Counterfeiting Forever
September 18 2012 9:35 AM
Last week, Fed Chairman Ben Bernanke announced that the central bank would launch an unprecedented form of quantitative easing. This "new and improved" iteration of money printing will be without limit and duration. The Fed Head launched QE III ($40 billion of MBS purchases every month) on September 13th and stated that it will remain in effect until the labor market "improves substantially." He also promised that, "The Committee will continue its purchases of agency mortgage back...
Tax Cuts For The Rich: Do They Boost GDP?
September 18 2012 6:11 AM
Tax cuts for the rich don't seem to be associated with U.S. economic growth and instead are linked to a different outcome: greater income inequality in the U.S. These findings will likely fuel the already bitter political fight over extending the Bush tax cuts for upper-income groups.
GE And ING Seek To Flee A Recovering Thailand
September 17 2012 12:49 PM
General Electric Co. (NYSE: GE) and ING Groep NV (NYSE: ING) may sell their stakes in two Thailand banks, but their message to Asia's 11th largest economy could very well be, "It's not you, it's us."
China?s Economy To Rebound Sooner, Stronger Than Expected - Nomura
September 17 2012 11:27 AM
While market sentiment for China's growth outlook has been overwhelmingly negative, Nomura's Chief China Economist Zhiwei Zhang remains very bullish.
London Session: Do rising Spanish bond yields threaten EURUSD?
September 17 2012 10:25 AM
The markets are trading with a risk off tone at the start of the week. There are a couple of reasons for this: 1, the extent of the moves last week may justify a pullback at this stage, 2, the focus turns back to growth as we await a plethora of economic data due in the coming days and 3, problems with Spain.
India's 'Big Bang Friday' Reforms Might Just Stick
September 17 2012 1:35 AM
There were quiet celebrations in the offices of Prime Minister Manmohan Singh late last week after he stunned the country with a slew of steps to revive the tanking economy.
iPhone 5 Release Date Could Be Major Boost For US Economy, Some Say
September 15 2012 3:04 PM
If sales following the iPhone 5 release date are as high as analysts predict, the Apple smartphone could aid the struggling US economy. .
Four Things That Could Lift The Dow Jones Industrial Average Even Higher
September 14 2012 11:26 PM
The Dow Jones Industrial Average (DJI: DJI) gained another 53.51 points, or 0.40 percent, on Friday to close at 13,593.37, the highest level in nearly five years. However, many uncertainties remain. Here are four factors that could make -- or break -- the Dow's continued ascent.
Argentines Protest President Fernandez's Economic Policies Amid Rising Inflation
September 14 2012 1:08 PM
Many Argentines are protesting against the policies of President Cristina Fernandez de Kirchner over her tight controls on the economy amid rising inflation. Fernandez has said that her policies are aimed at supporting the most vulnerable in society and will benefit the majority of people as a whole, though she has been criticized for pursuing a populist agenda at the expese of the upper and middle classes.
India Opens Gates To Foreign Retailers, Broadcasters, Airlines Amid Slowing Economy
September 14 2012 12:24 PM
The government of India, the world's 10th largest economy by gross domestic product, passed wide-ranging laws on Friday expanding foreign investment in the retail, broadcasting and airline sectors, opening its doors to companies like Wal-Mart Stores Inc. (NYSE: WMT) amid slowing growth.
Vietnam Targets Bloggers, But Voices Of Dissent Won't Pipe Down
September 14 2012 8:08 AM
The Communist Party of Vietnam has vowed to target any blogs and websites that are "anti-party" or "anti-state," but government critics have responded with defiance.
The Fed has chosen an open end too
September 13 2012 3:43 PM
Following the ECB outlining unlimited bond purchasing plan last week, The Fed has decided today to start buying new MBS loading $40B of it monthly in a regular pace in a new QE step till it is to choose to say that's enough and over. The decision is looking targeting the housing market more than the other sector but it will be inevitably working for producing more jobs in a faster way than the current one which lead to producing 96k out of the farming sector in last August as they were in the...
US Economy To Grow 2% Or Less This Year: Fed
September 13 2012 2:21 PM
The U.S. central bank lowered its forecast for economic growth this year, but it reiterated its expectations for unemployment. Further, the bank said it now expects the Fed's first interest rate hike to take place in 2015.
Fewer Children Dying Worldwide, But Mortality Rates Still Too High: UN
September 13 2012 11:20 AM
A new report from UNICEF, the WHO and the World Bank says that under-five mortality has decreased significantly worldwide, but many countries are still not on track to meet their Millennium Development Goals.
London Session: Is it the Bernanke put or the Bernanke call these days?
September 13 2012 8:18 AM
Today is all about Bernanke and the FOMC meeting that concludes later today. The main questions the markets want answered is 1, will we get more QE this month, 2, what form will it take, and 3, what size will it be? The markets seem to have made up their mind on the first question the Fed will act because of the unambiguously bad payrolls data in August and also after Bernanke’s defence of conventional QE at the Jackson Hole conference last month. We tend to agree that if the Fed doesn’t announ...
Is China’s Stimulus For Real? Economists Lower 2012 Growth Forecasts
September 13 2012 7:02 AM
China's economic slowdown is expected to reach its nadir in the third quarter, leaving growth for 2012 likely to fall below 8 percent, a level unseen since 1999. While top Chinese leaders remain confident that the world's second-largest economy still has "ample strength" in either monetary or fiscal domains to propel economic growth, economists caution that the $158 billion stimulus unveiled by China may not be all it's hyped up to be.
HSBC Cuts India's GDP Forecast For Fiscal 2013, 2014 Citing Lack Of Momentum In Reforms
September 13 2012 4:31 AM
HSBC has cut its India GDP forecast for the fiscal 2013 to 5.7 percent from the previous forecast of 6.2 percent, citing "the lack of reform traction" and a more "challenging" global economic state of affairs.
Korean Reunification ‘Inevitable’: Lee Myung-Bak
September 12 2012 2:12 PM
orth and South Korea technically remain at war since 1953, when their civil war ended in a truce instead of a peace treaty.
José Manuel Barroso’s State of the European Union 2012 Speech (FULL-TEXT)
September 12 2012 10:33 AM
José Manuel Barroso, President of the European Commission, delivered the following State of the Union 2012 speech during a session of the European Parliament in Strasbourg, France, on September 12, 2012