AssociatedPress--October 28, 2010--A new AP Economy Survey suggests there's only modest improvement on tap for 2011.
Oct. 25 (Bloomberg) -- Brendan Brown, chief economist at Mitsubishi UFJ Securities International Plc, talks about the Group of 20 meeting in Seoul and the outlook for Asian currencies and the dollar. He speaks with Maryam Nemazee on Bloomberg Television's "The Pulse."
Oct. 22 (Bloomberg) -- Sebastien Galy, a currency strategist at BNP Paribas SA in New York, talks about expectations for this weekend's meeting of the Group of 20 finance chiefs in Gyeongju, South Korea. As G-20 financial leaders begin talks today, China is deflecting foreign pressure to fast-track the yuan's gains after limiting them to about 2 percent against the dollar since a June vow to embrace more flexibility. Galy speaks from New York with Rishaad Salamat on Bloomberg Television's "First Up."
Ohio Attorney General Richard Cordray debates the attorneys generals case into the validity of the foreclosure filings from around the country.
Just two years after the global financial crisis that threatened to destroy the banking industry, Wall Street bonuses have hit a record high. According to The Wall Street Journal, employees at America's biggest banks are set to reward themselves with $144 billion in compensation and benefits this year. Karl Denninger of The Market Ticker believes that if you are a banker it seems you are immune to prosecution, originally under the Bush Administration and now under the Obama Administration.
The Reagan Group Chairman Mike Reagan argues a freeze on foreclosures will not help the housing market
Goldman Sachs says the US economy is going to be "fairly bad" with little growth or "very bad" going into recession. It's what a lot of people in the financial community have been saying for the last 6 months, so why are their comments making such a splash in the media, and what motives do they have in saying this now?
Global markets have been okay for the last few sessions but as we head towards the next expected round of quantitative easing there is a lot of debate building up on the West on what the quantum will beM-^Wwhether the size will be enough and whether it's desirable and will have the desired effect in the first place.