Krugman poniendo el dedo en la llaga MaybeEconomicsIs A Science, ButManyEconomists Are NotScientists – NYTimes.com http://feedly.com/k/He0k8N shared via http://feedly.com Seguir leyendo Maybe Economics Is A Science, But Many Economists Are Not Scientists – NYTimes.com
Vaya y yo que creí que el euro era lo más de lo más Britons, Polesapart http://feedly.com/k/1aG7BGj WHILE the euro zone has been slowly emerging from recession, two European countries outside the club have, so far this year, enjoyed speedy economic recoveries. The economies of Britain and Poland have both rebounded from growth dips last year, exceeding most analysts’ expectations for 2013 (see chart). As … Seguir leyendo Britons, Poles apart
EarningsRealityInOneChart http://feedly.com/k/1eJbePZ Only 38% of S&P 500 companies that have reported have beaten revenue expectations – compared to a historical average of around 46%. As Bloomberg notes, Q3 2013 will be thefirst time for 3 consecutivequartersofsub-50% meetingexpectationssincetheirrecordsbegan. Earnings are not much better having seen a slide in performance relative to expectations for 4 quarters now. It seems the hockey–stickof H2 2013 earningshopethatwe so vociferouslypointedout as … Seguir leyendo Earnings Reality In One Chart
New Rules forItalyBanks "I’llGuaranteeYourDerivativesIfYouGuarantee Mine" http://feedly.com/k/1bdzjLY New Basel III rules require extra capital for derivative positions. Banks in Italy have already figured out a way around that rule. Eurointelligence reports … We have been on the watch-out for stories that government and central banks encourage banks to continue to act as buyers of last resort of government debt. Here is one from Reuters, according to … Seguir leyendo New Rules for Italy Banks “I’ll Guarantee Your Derivatives If You Guarantee Mine”
LAS PENSIONES: NUEVAS DERIVAS DE UN DESFALCO. (Artículo del periódico Contramarcha)- El artículo 8 de la Ley 27/2011, de 1 de agosto, sobre actualización, adecuación y modernización del sistema de Seguridad Social, afirma lo siguiente: “Con el objetivo de mantener la proporcionalidad entre las contribuciones al sistema y las prestaciones esperadas del mismo y garantizar su sostenibilidad, a partir de 2027 los parámetros fundamentales … Seguir leyendo Las pensiones: nuevas derivas de un desfalco
Hoy hablamos sobre el patrimonio de las familias en España, las ultimas cifras económicas del negocio de la industria y del sector servicios, el deficit del conjunto de las Administraciones Publicas, la situación de Mondragón y cómo le va a Japón con su heterodoxa política monetaria y cómo esta repercutiendo en el comercio exterior. Con Eduardo García y José Antonio Paunero. Conduce Juan Carlos Barba. … Seguir leyendo Riqueza y patrimonio – Economía Directa 23-10-2013
BillGatesbetsearlyonSpanishrecoverywithFCCstake http://feedly.com/k/19Z8B7n Billionaire has bought a 6pc stake in the Spanish infrastructure group FCC, boosting shares in the country. shared via http://feedly.com Seguir leyendo Bill Gates bets early on Spanish recovery with FCC stake
ChemicalActivityBarometerforOctoberSuggestsEconomicActivityIncreasing http://feedly.com/k/1bbTGcs I’ll have more on the employment report later, but this is a new indicator that I’m following that appears to be a leading indicator for the economy. From the American Chemistry Council: FourthQuartertoEndStrongShowsLeadingEconomicIndicator The partial shutdown of the federal government earlier this month didn’t take the steam out of the U.S. economy, according to the American Chemistry Council’s (ACC) monthly Chemical Activity Barometer … Seguir leyendo Chemical Activity Barometer for October Suggests Economic Activity Increasing
Muchas veces no se percibe bien el auténtico alcance de las consecuencias de la manipulación de los tipos de interés que están ejerciendo los bancos centrales. Se ha descrito bien el inmenso regalo que suponen unos tipos bajos para una banca en terribles problemas, que toma prestado a menos del 1% del banco central y luego presta a tipos que pueden llegar al 10% a … Seguir leyendo ¡Arriba las manos! ¡Soy el BCE!
Marc Faber Blasts "We Are TheBubble… ThereIs No ExitStrategy" http://feedly.com/k/17cBBym "The question is not ‘tapering’," Marc Faber exclaims to his hosts on CNBC’s Squawk Box this morning, "the question is at what point will they increase the asset purchases to say $150 [billion] , $200 [billion], or a trillion dollars a month." QE-4-EVA is here to stay, as Faber explained "every government program that is … Seguir leyendo Marc Faber Blasts “We Are The Bubble… There Is No Exit Strategy”
