Originally Posted by Stephen Hendrix Since the start of the financial crisis, industrial country public debt levels have increased dramatically. And they are set to continue rising for the foreseeable future. A number of countries face the prospect of large and rising future costs related to the ageing of their populations. In this paper, we examine what current fiscal policy and expected future age-related spending imply for the path of debt/GDP ratios over the next several decades. Our projections of public debt ratios lead us to ...
The other important thing to know is that a market will typically come back and give one last "kiss goodbye" to the breakdown level prior to the big plunge.
The Baltic Dry Index, a measure of freight costs for bulk commodities such as iron ore, coal, cement, fertiliser and grains, has become the bear’s best friend. The index is down to its lowest level since October – a fall of 40 per cent in three months – and not far above the level of a year ago, giving ammunition to those investors who believe the global economy is not recovering. The bears, however, will be deeply disappointed. For years, the index has been seen as a proxy for global ...
Originally Posted by riconone Bond yields were unable to sustain an early fall on Friday, paring the move on weaker-than-expected demand at a bond auction and on uncertainty over the government’s borrowing needs for 2010-11. The yield on the benchmark 10-year bond ended at 7.68 per cent, off an intra-day low of 7.63 per cent, and only slightly below Thursday’s close of 7.70 per cent. "After the auction, the mood is bearish again," said a trader at a private bank. ...
