Econmatters

The latest January trade data of China showed the broadest measure of China's global trade surplus fell to a several-year low to around 2.7% of GDP.  Export also collapsed to a negative 0.5%...

"....there could be some hidden debt bombs as a recent Bloomberg finding suggests that China's banks may be understating their exposure to runaway local borrowing by possibly billions of dollars that...

The recent massive demand for ECB's LTRO (Long Term Refinancing Operation)--nearly 490 billion euro in three-year 1% loans from 523 banks--only confirmed the suspicion of some market participants that...

Goldman's Jim O'Neill noted in a recent interview that the world's future prosperity depends on China's growth. While we don't totally agree with that assessment as we see China as one of the many...

The latest last-ditch temporary fixes to avert another embarrassing political stalemate came on Saturday, 17 Dec. when the U.S. Senate passed a plan to extend the payroll tax cut for two months. ...

The Euro Zone debt crisis has certainly kept the credit rating agencies busy in the news headline. On Friday, 16 Dec. Moody's downgraded Belgium's credit rating by two notches to Aa3 with a negative...

The U.S. economy is showing signs of life with good economic numbers after the ECRI (Economic Cycle Research Institute) declared on 30 Sep. that the U.S. has already or is about to dip into...

In addition to decades of overspending beyond means, there are also some less discussed contributory factors leading to the current debt crisis in the Euro Zone, particularly when compared to the...

Exactly 20 years to the day after the creation of the European Union (EU) and the Euro currency, German Chancellor Angela Merkel successfully secured an historic agreement from all 27 current members...

Stock markets soared after the coordinated actions on Wed. Nov. 30 from six central banks around the world -- the Federal Reserve, European Central Bank (ECB), and the central banks of Canada, U.K.,...

The Euro crisis is getting deeper into the uncharted territory with bond yields surging across Europe on Friday Nov. 25, after Fitch Ratings cut Portugal’s debt rating to “junk”...

Talk about bad things leading up to other bad things.  Netflix stocks plunged yet another 8% to $68.50 on Nov. 23, two days after the company announced concurrent common equity and convertible...

After MF Global went bust, most people believe it was an extreme "spectacular recklessness" under Jon Corzine, and that the U.S. banks should have only "moderate" European Exposure.  However,...

There was nothing really new out of the 2-day FOMC (Federal Open Market Committee) meeting on Nov. 1-2 without much indication to the widely anticipated further  quantitative easing (QE3). ...

Brookings just published a new study analyzing data on neighborhood poverty from the 2005–09 American Community Surveys and Census 2000, and here are some of the very depressing findings:Over a...

The job market is terrible, and the situation isn’t getting any better. The U.S. national unemployment rate is stagnant at 9.1% in September, and the jobs picture across America at state level...