Sunday, September 16, 2012

QUICK OVERVIEW

  • Chris Rock‏@chrisrockoz Tweets... Mitt Romney: I'm dedicated to the principle that women  gays need regulation, but Wall Street doesn't.

  • The U.S. Fed announced a new round of bond buying and extended the duration of its ultra-low short-term interest rate till mid-2015, in a bid to bolster the country's anemic economic recovery

  • German Finance Minister Wolfgang Schaeuble said that the euro has become more viable following decisions by the European Central Bank's unlimited bond-buying program and German Constitutional Court's nodding to participate in EU's bailout fund.

  • Britain's construction output 10.1% in July

  • U.S. Median household income fell 1.5% YoY

  • An estimated 15% of Americans lived in poverty last year.

  • Michael Cordonniers says, "The early growing season weather in South America is becoming worrisome."Extremely wet in Argentina - Hot dry in Central Brazil"

  • China increased their treasury holdings by 12.4 billion over the last 6 months - Gold holding by 25 billion.

  • Nestle said sales in China will grow about 20% this year because of rising wages and the govt’s policy to boost local consumption.

No comments: