Saturday, 4 September 2010

Moneynews.com


Weekly Roundup From
The Financial Brain Trust

Ashish Advani: Malaysia Shakes Off Global Woes to Stay on Growth Spurt
What has me excited about this country is the recent economic data out of Malaysia. Malaysia’s second-quarter GDP growth came in at 8.9 percent, higher than global expectations of 8.4 percent and compared with 10.1 percent in the first quarter. Exports have seen a significant recovery in recent quarters. And this steady export recovery will continue to support domestic investments . . . get the full story,click here.

Sean Hyman: Japan is Sweating Bullets Over Its Currency
The yen is climbing, now, and it’s killing the profits of Japanese exporters such as Honda and Suzuki. In just the past two weeks, these companies’ executives have been extremely vocal — mainly about the yen exchange rate to the dollar, but also to the euro . . . get the full story,click here.

Bill Spetrino: Let's Make Deep Cuts Now So Economy Can Heal
This is when everyone gets angry at me because I am somehow raising taxes for them or someone they know. But shared sacrifice requires all people to give up something so the prosperity of this fine nation can be maintained . . . get the full story, click here.


Robert Wiedemer: With Head in the Clouds, Fed Ignores Inflation Mountain
At the annual Federal Reserve conference in Jackson Hole, Wyo., Fed Chairman Ben Bernnanke essentially said that he will do whatever it takes to keep the economy from declining. Since the main power Mr. Bernanke has is to print money, most people read his comments to mean that he will print money as necessary to keep down unemployment and encourage higher economic growth . . . get the full story, click here.