Daily Archives: June 12, 2012

China Bond Market Ready for Takeoff After Bold Moves – Bloomberg

June 12, 2012 By in Uncategorized Tags: , , , , , , , Leave a comment
China's FIRST McDonald's

China’s FIRST McDonald’s (Photo credit: flickr.Marcus)

This is an interesting article from Bloomberg on the developments in the Chinese bond market which potentially will have a very far-reaching impact.

China Bond Market Ready for Takeoff After Bold Moves – Bloomberg.

Personally, I do not agree with the hard-landing school of China watchers. I see China’s policy-makers as knowledgeable, shrewd and prepared to intervene on a massive scale, where appropriate. I am very much looking forward to my visit to China in October.

Around world, companies loath to add jobs: survey | Reuters

June 12, 2012 By in Austerity, Business Administration, China, Euro Crisis, Germany, Growth, People, Spain, Travel, Unemployment, US Tags: , , , , , , Leave a comment
English: (The Depression) The Single Men's Une...

English: (The Depression) The Single Men’s Unemployed Association parading to Bathurst Street United Church. Toronto, Canada Français : (La Dépression) Membres de la Single Men’s Unemployed Association se dirigeant vers l’Église unie de la rue Bathurst. Toronto, Canada. (Photo credit: Wikipedia)

This article from Reuters picks up on the highlights of the latest Manpower quarterly survey on jobs. Check it out! 

Around world, companies loath to add jobs: survey | Reuters.

It is interesting to see that Germany is beginning to suffer from the Euro uncertainties but overall the survey is bleak news for the unemployed, especially the youth unemployed, at 50% in Spain, for example.

For me, it comes back to the policy-makers not being ahead of the markets. There are still not enough policy-makers prepared to deal aggressively with growth, and too many who are tunnel visioned on austerity.