News from around the web: 2009-07-31
Sorry for the lack of posts today. I have been travelling. Have a great weekend.
CRE is a major problem in Ireland too
That Household International deal is looking ghastly.
Business as usual.
Lots here on Japan today. They were in deflation but now we’re talking record levels. Deflation of 1.7% is fourth straight monthly increase.
Japan is definitely seeing robust growth off a low base. The quarter’s growth was the most in five decades.
Asset sales continue at Citi
A bit of pop culture news.
No collapse in China but slower growth, yes.
Cyclical, not secular bull.
Distraction of the Day: Timothy Geithner’s housing woes on the Daily Show.