Auto Loans Getting Longer
Here is an interesting chart. This shows the length of new car loans in months. Some car buyers are now financing auto loans for...
China’s Real Inflation Rate
What's China's Real Inflation Rate? by Dexter Roberts, Bloomberg Businessweek
"There has been a jump in prices that isn't reflected in the numbers," says Chinese...
Swiss Franc Smashes U.S. Dollar
The Swiss franc blasts through parity with the U.S. dollar. The franc is up more than 14% versus the USD since hitting a low...
From Alan Abelson’s Always Informative Barron’s Column:
Let's Hear It for Bad Estimates – Alan Abelson, Barron’s
"China, it turns out, doesn't report gross-domestic-product data as most everyone else does. It announces...
More Trouble in the PIIGS Pen
Despite the best efforts of European policy makers, the CDS of the Euro-area’s PIIGS countries continue to signal severe stress. Ireland is the latest...