Daily Archives: August 6, 2010 @ 9:55 am (Friday)

Payrolls

Karim writes: Not a game changer in my view and doesn’t compel the Fed to change course next week. Private sector gradually churning out jobs; hours, wages, and diffusion index ok. Private payrolls up 71k after avg of 41k of … Continue reading

Posted in Employment, Equities, Fed | Tagged , |

China Seen Robbing Consumers With Low Interest Rates

Looks like someone’s catching on to the interest rate channel. And Bloomberg is reporting it. (Bloomberg never reported it when I communicated with them.) China Seen Robbing Consumers With Low Interest Rates Aug 6 (Bloomberg) — Peking University professor Michael … Continue reading

Posted in China, Interest Rates |