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ElCid16 (98.07)

May 2010

Recs

5

For a Quality Recovery [in China], Raise Interest Rates

May 12, 2010 – Comments (4) | RELATED TICKERS: FXI

"Unlike the frigid European economy, the Chinese economy continues to steam ahead. But in the area of macro economic policy, China seems to be lagging. We think the time has come for a meaningful policy adjustment: China should raise interest rates.

"No one doubts that Chinese policymakers can get some things done. The government flexed its muscles recently by taking steps to control a property bubble and reduce excess liquidity.  [more]

Recs

3

Personal bankruptcies up 15% YOY and Second Life users take it to the next level...

May 05, 2010 – Comments (0)

http://economix.blogs.nytimes.com/2010/05/04/what-were-reading-bankruptcy-surge/?ref=economy

Also on the slate: Americans (sans government) are still worried about inflation, income tax tallies continue to tell bad news, and more hurdles on the path towards increasing transit in the US.

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