China Feeling the Effects of the Global Financial Crisis - Will They Avoid Hard Landing?
10/28/2008 by China Editor in China Articles
October 28, 2008 - China's GDP growth slowed to 9 percent in the third quarter from 10.1 percent in the second. As the global economy is expected to slow, China's growth may weaken further, although it may avoid a hard landing, according ...
Companies That Will Benefit From China’s Population Explosion
09/20/2008 by China Editor in China Articles
September 20, 2008 - By 2030, 1 billion consumers will live in China's cities. Chinese and global companies are well aware of the huge size and potential of this emerging urban market. China's urbanization is largely a local phenomenon. ...
China Auto Sales Slump in August, But Still Much Growth Ahead
09/09/2008 by SCP Editor in China Articles
September 9, 2008 - This morning the China Association of Automobile Manufacturer’s said that passenger car sales fell in August, to 451,300. The dip was attributed by Yale Zhang, of CSM Asia as being a result of the Olympics during ...
Markets to Open Lower on Worse Than Expected Employment Data
07/02/2009 by SCP Editor
July 2, 2009 – The futures are moving lower this morning on what will likely be a lightly traded session ahead of the July 4 weekend (markets closed tomorrow). The primary culprit is the labor market. Both the weekly jobless claims and ...
Markets to Open Higher Despite Worse Than Expected ADP Employers Report
07/01/2009 by SCP Editor
July 1, 2009 – The futures are pointing to higher openings this morning for the broader markets, despite the worse-than-expected ADP Employer Services report for June. ...
Markets Set to Extend Yesterday’s Gains at Open
06/30/2009 by SCP Editor
June 30, 2009 – The futures are indicating higher this morning ahead of the Conference Board’s Consumer Confidence Index report and as the Street digests the latest housing data. ...
Senator Sanders Is Welcome Voice and Critic of Credit Card Industry
04/29/2009 by SCP Editor in SCP Blog
April 29, 2009 – The situation with credit debt and usary practices amongst credit companies has gotten out of hand in the US. Yet it remains one of the most under-reported stories. This week Senator Bernie Sanders (I-VT) made comments ...
Not Impressed by NABE Forecasts
04/20/2009 by SCP Editor in SCP Blog
April 20, 2009 – We have not been impressed by the National Association of Business Economics (NABE) forecasts on the economy for years, if ever – but it nonetheless continues to provide us with its insights. This morning NABE ...
Aspire Misery Index for the Week Ended April 11, 2009
04/11/2009 by SCP Editor in SCP Blog
April 11, 2009 – The markets managed to edge higher again this week as we headed into earnings season.
· The DJIA closed up 67.22 on the week, or about 0.08%, but it is up 25.5% since hitting intraday lows back on March 6 ...
Weekly Jobless Claims and Nonfarm Payrolls Reports Disappoint
07/02/2009 by SCP Editor
July 2, 2009 - THE EMPLOYMENT SITUATION: JUNE 2009 - This morning's jobless data is a reminder that there are still heavy headwinds facing the U.S. economy. While most take the labor data as a lagging indicator, we don't buy it in this ...
Consumer Confidence Declined in June
06/30/2009 by SCP Editor
June 30, 2009 - Consumer Confidence is going in the wrong direction. In terms of key economic data out today, this morning’s consumer confidence report is a splash of cold water on the Street’s optimism that it was trying build after ...
Housing Data Better Than Expected
06/30/2009 by SCP Editor
June 30, 2009 - This morning's housing data indicates that while housing prices are still dismal, they are improved over the last month. This will add to the growing view that the economy has bottomed. Foreclosure increases and rising ...
