Saturday 18 December 2010

Moneynews.com


Weekly Roundup From
The Financial Brain Trust

Christopher Ruddy: China's New Inflation Bodes Ill for US
A well-known American businessman called me recently. He alluded to having information about the precarious state of China's economy, but he couldn't share all of the details. This was just two weeks ago, but some data is starting to emerge that my friend may be right . . . get the full story, click here.

Ashish Advani: It's Not Too Late to Join Asia's Growth Surge
If you believe you have missed the boat on the Asian growth story, think again. I have been writing to you during the past few months about the spurts of growth seen all across Asia. The two economic giants of Asia — China and India — are still going gangbusters. And I expect a strong surge in early 2011 . . . get the full story, click here.

David Skarica: Tax Cuts Mean Stronger Dollar Now, Dollar Crash Later
We all know the big talk around Washington is the recent tax cut deal. The idea is simple: The politicians want to spur the economy to grow. They think this will put more money into the pockets of people who they will spend it, which in turn will create economic activity . . . get the full story, click here.


David Frazier: Some Politicians Ignorant or Lying About Tax Cuts
Almost immediately after President Barack Obama proposed last Monday for the U.S. Congress to maintain all of the Bush-era tax cuts, a slew of Democratic politicians said that they opposed those proposals because, according to those politicians, an implementation of those proposals would cause the U.S. federal budget deficit to rise. In usual fashion, none of those persons provided any empirical evidence to support their claims . . . get the full story, click here.

Sean Hyman: Everyone Wants a Piece of the Forex Industry Now
On Dec. 2, a major change happened in the retail forex-currency market. One of its biggest players, FXCM.com, went public on the New York Stock Exchange. That brought about the first “billion dollar” retail forex firm in the world . . . get the full story, click here.

Bill Spetrino: The Give-and-Take Over 'Giving' Tax Breaks to the ‘Rich’
Please help me to halt a conspiracy to mislead the American people — and let’s get the facts straight. I am fighting mad and would like your input on “giving tax breaks” to "the wealthy" or "the rich." . . . get the full story, click here.