Chinese leaders say they will tighten monetary policy in 2011, a sign that authorities are increasingly concerned about rising inflation.
The Politburo decided that China’s monetary policy should shift “from relatively loose to prudent next year,” Th…
Expect your T-shirts to get a little bit thinner next year — and maybe a little more expensive. Apparel retailers are looking high and low for ways to keep from passing on too much of their own rising costs to consumers. The t…
Shares in Asia slid lower Friday as investors reacted to Chinese government moves to tighten credit and clamp down on inflation. In Hong Kong, the Hang Seng Index fell 0.8% to 22,877, and in China, the Shanghai Composite sank 0…
Noted economist Gary Shilling just released a new book, The Age of Deleveraging, in which he explains why inflation isn’t what investors should be fearing, but rather deflation. He also recommends 10 investments investors should now make. [Video]
Continue reading Gary Shilling on ‘The Age of Deleveraging’ [Video]
Gary Shilling on ‘The Age of Deleveraging’ [Video] originally appeared on DailyFinance on Fri, 26 Nov 2010 06:00:00.
Filed Under: Economy, Investing, Video, Streetwise
The consumer sentiment index rose a better than expected 3.9 points in November to 71.6 — its highest level since June, as Americans sensed modest improvement in the job market. Its still below historic norms, though, and sust…