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Read More: Ukraine Parliament Erupts in Violent Brawl; Separatists Seize Buildings in 3 Cities; Kerry Accuses Russia of Creating Pretext…
See the original post: Framework for Understanding Market Tops and Bottoms
Via translation from El Economista, the director of the Foundation of Savings Banks (Func), Ãngel Laborde says Government is "Not Serious" Regarding a Proposed Tax Cut . Angel Laborde explained in the newspaper El Pais that "government revenues funded only 85% of the costs, excluding financial aid.
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WAtoday reports Australia’s house prices ‘flashing red’, debt to income ratio at record levels . Australian household debt has hit a record 177 per cent of annual disposable income while housing valuations are "flashing red", according to Barclay’s chief economist, Kieran Davies
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Visit site: China Sees Sharpest Contraction of Output Since November 2011; Japan Returns to Growth but Business Sentiment Collapses
Visit link: Virtu Delays IPO Amid "Flash Boys" Furor; FBI Investigates Legality of High Frequency Trading; Reader HFT Anecdotes
Visit link: France Criticizes European Commission as "Totally Useless", Wants More Time on Budget Deficits
Originally posted here: Damn the Bubbles, More Printing Ahead; Property Bubbles and the Perils of Easy Money