{"id":222015,"date":"2010-01-24T09:43:58","date_gmt":"2010-01-24T14:43:58","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2010\/01\/24\/economy-and-market-related-global-demand-yield-curve-print-money-china-gdp-morgan-on-dollar-greece-kimball-corson-reits-russia-buys-canada-asian-tiger\/"},"modified":"2010-01-24T09:43:58","modified_gmt":"2010-01-24T14:43:58","slug":"economy-and-market-related-global-demand-yield-curve-print-money-china-gdp-morgan-on-dollar-greece-kimball-corson-reits-russia-buys-canada-asian-tiger","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/222015","title":{"rendered":"Economy and Market Related: Global Demand, Yield Curve, Print Money, China GDP, Morgan on Dollar, Greece, Kimball Corson, REITs, Russia Buys Canada, Asian Tiger"},"content":{"rendered":"<p><a href=\"http:\/\/billcoppedge.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"bill-coppedge-dec09-1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/bill-coppedge-dec09-129.jpg\" width=\"88\" height=\"132\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"original content selection by MortgageNewsClips.com\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/original-content-selection-by-MortgageNewsClips.com29.jpg\" width=\"288\" height=\"61\"><\/a> <\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/business-week.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"business-week\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/business-week_thumb.png\" width=\"205\" height=\"43\"><\/a> <\/p>\n<p><strong>Global Demand for U.S. Assets Rose in November, Treasury Says &#8211;<\/strong> By Vincent Del Giudice &#8211; (Bloomberg) &#8212; International demand for long-term U.S. stocks, bonds and financial assets rose in November as <strong>private investors purchased a record amount of government securities, a Treasury Department report showed.&nbsp; Net buying of long-term equities, notes and bonds totaled $126.8 billion for the month, compared with net buying of $19.3 billion in October, the Treasury said in Washington<\/strong>. &#8211; <a href=\"http:\/\/www.businessweek.com\/news\/2010-01-19\/global-demand-for-u-s-assets-rises-in-november-treasury-says.html\">BusinessWeek<\/a><\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/seeking-alpha18.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"seeking-alpha1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/seeking-alpha1_thumb8.png\" width=\"186\" height=\"60\"><\/a> <\/p>\n<p><strong>What the Yield Curve Is Telling Us About Financial Markets<\/strong> &#8211; Matteo Radaelli &#8211; &#8230;. However, <strong>equity markets recorded their highest returns when the spread between the long term rates and the short term rates was above 1% but below 2%.<\/strong> &#8230; Finally, we should consider the predictive power of the yield slope with respect to the government bond market. A<strong> very steep yield curve has usually been followed by a decline in long term rates and an increase in short term rates<\/strong>. &#8230; &#8211; <a href=\"http:\/\/seekingalpha.com\/article\/183367-what-the-yield-curve-is-telling-us-about-financial-markets\">Seeking Alpha<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/hw16.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"hw1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/hw1_thumb6.gif\" width=\"244\" height=\"32\"><\/a> <\/p>\n<p><strong>Printing More Money as a Capital Illusion<\/strong> &#8211; by JACOB GAFFNEY &#8211; good summary &#8211; <a href=\"http:\/\/www.housingwire.com\/2010\/01\/20\/printing-more-money-s-a-capital-illusion\/\">HousingWire<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/pragmatic-capitalist1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"pragmatic-capitalist\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/pragmatic-capitalist_thumb1.png\" width=\"163\" height=\"59\"><\/a> <\/p>\n<p><strong>CHINESE GDP SOARS TO 10.7%, INFLATION FEARS RISE &#8211;<\/strong> TPC &#8211; Chinese GDP surprised to the upside as the government reported 10.7% growth.&nbsp; Analysts had been expecting 10.5% growth.&nbsp; The data was met with mixed reactions.&nbsp; While the growth is certainly encouraging <strong>there are increasing fears of overheating as consumer prices increased 1.9%<\/strong>. &#8211; <a href=\"http:\/\/pragcap.com\/chinese-gdp-soars-to-10-7-inflation-fears-rise\">The Pragmatic Capitalist<\/a> <\/p>\n<p><a href=\"http:\/\/pragcap.com\/the-dollar-could-soar-10\"><img loading=\"lazy\" decoding=\"async\" alt=\"ms21 MORGAN STANLEY: THE DOLLAR COULD SOAR 10%\" src=\"http:\/\/pragcap.com\/wp-content\/uploads\/2010\/01\/ms21.png\" width=\"286\" height=\"228\"><\/a><\/p>\n<p><strong>good charts &#8211; MORGAN STANLEY: THE DOLLAR COULD SOAR 10%<\/strong> &#8211; &#8211; TPC &#8211; Byron Wien and Gary Shilling aren\u2019t the only ones betting on a dollar rally in 2009.&nbsp; A recent research piece from Morgan Stanley\u2019s FX team says the dollar rally could continue and rally as much as 10% as it appears attractive compared to most other G4 currencies.&nbsp; <strong>Based on Morgan Stanley\u2019s valuation metrics the dollar is now substantially below its fair value<\/strong> &#8211; <a href=\"http:\/\/pragcap.com\/the-dollar-could-soar-10\">The Pragmatic Capitalist<\/a> <br \/>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p>&nbsp;<a href=\"http:\/\/www.surlytrader.com\/tipping-point-for-greece\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"surly1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/surly1.png\" width=\"244\" height=\"133\"><\/a>&nbsp;&nbsp; <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/surly-trader3.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"surly-trader\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/surly-trader_thumb3.png\" width=\"244\" height=\"39\"><\/a> <\/p>\n<p><strong>Tipping Point for Greece &#8211; Sovereign risk is still lurking around the corner<\/strong>.&nbsp; As we hear about large states like Illinois entering into insolvency, we should probably keep an eye on the bigger picture.&nbsp;&nbsp; Unfortunately for Greece, they have not been able to leave the spotlight.&nbsp; <strong>With a sovereign CDS level spiking to 343 bps, traders are speculating that there is about a 25% chance they will default within the next five years<\/strong>. &#8211; <a href=\"http:\/\/www.surlytrader.com\/tipping-point-for-greece\/\">Surly Trader<\/a> <\/p>\n<p><strong>The Asian Tiger &#8211; Foreign Policy Magazine had a nice editorial article titled \u201cThink Again: Asia\u2019s Rise\u201d<\/strong> that goes against the sentiment that Asia, and specifically China, will reign as the global juggernaut within a few decades.&nbsp; <strong>Among the insightful datapoints: The region produces 30% of global economic output, but per capita GDP is $5,800 vs $48,000 in the United States &#8211; has 9 more points<\/strong> &#8211; <a href=\"http:\/\/www.surlytrader.com\/the-asian-tiger\/\">Surly Trader<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/wandering-the-oceans1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"wandering-the-oceans\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/wandering-the-oceans_thumb1.png\" width=\"334\" height=\"78\"><\/a> <\/p>\n<p><strong>If the Public Has Its Way, Expect Recession or Stagflation<\/strong> &#8211; Kimball Corson &#8211; If the Massachusetts vote is any indication of public sentiment at large &#8211; and many believe it is &#8212; and our Congressional representatives understand and react to that sentiment, <strong>we may yet face renewed recession or perhaps, more likely, stagflation. There are significant probabilities for these events. Here is why?<\/strong>&nbsp; &#8211; <a href=\"http:\/\/www.sailblogs.com\/member\/thewanderer\/?xjMsgID=115000\">Wandering the Oceans<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/www.chartoftheday.com\/20100122.htm?T\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"cotd\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/cotd1.gif\" width=\"339\" height=\"255\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/cotd11.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"cotd1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/cotd1_thumb1.png\" width=\"131\" height=\"70\"><\/a> <\/p>\n<p><strong>DJ Reit Index at Support<\/strong> &#8211; Chart of the Day &#8211; &#8230; While REITs have been trending up sharply for ten months, <strong>REITs currently trade 50% below their February 2007 peak<\/strong>. As today&#8217;s chart illustrates, the <strong>Dow Jones Wilshire REIT Index has just broken below support (green line) of its upward sloping trend channel<\/strong>. &#8230; &#8211; <a href=\"http:\/\/www.chartoftheday.com\/20100122.htm?T\">Chart of the Day<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/business-insider-money-game6.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"business-insider-money-game\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/business-insider-money-game_thumb6.png\" width=\"124\" height=\"61\"><\/a> <\/p>\n<p><strong>Russian Central Bank Ditches The USA And Dives Into Canadian Dollar Reserves<\/strong> &#8211; Vincent Fernando &#8211; <a href=\"http:\/\/www.businessinsider.com\/russian-central-bank-dives-into-the-canadian-dollar-as-its-new-reserve-currency-2010-1\">Money Game at Business Insider<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=ZO0GLn9mqqs:9mWAOsYHmcs:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=ZO0GLn9mqqs:9mWAOsYHmcs:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=ZO0GLn9mqqs:9mWAOsYHmcs:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=ZO0GLn9mqqs:9mWAOsYHmcs:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=ZO0GLn9mqqs:9mWAOsYHmcs:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=ZO0GLn9mqqs:9mWAOsYHmcs:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=ZO0GLn9mqqs:9mWAOsYHmcs:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/ZO0GLn9mqqs\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Global Demand for U.S. Assets Rose in November, Treasury Says &#8211; By Vincent Del Giudice &#8211; (Bloomberg) &#8212; International demand for long-term U.S. stocks, bonds and financial assets rose in November as private investors purchased a record amount of government securities, a Treasury Department report showed.&nbsp; Net buying of long-term equities, notes and bonds [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-222015","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/222015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=222015"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/222015\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=222015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=222015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=222015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}