The other global downer on the newswires comes from the U.S. housing market. New housing starts fell by 4% in December and index of homebuilder confidence fell too. But by far the more alarming news was that the Federal Housing Administration is increasing mortgage insurance premiums, demanding higher credit scores, and requiring larger down payments from new borrowers.
January 21st, 2010 | Dan Denning | 35 comments | ContinuedAll Posts Tagged With: "Chinese stocks"
Anthony Bolton on China
In 2007, Bolton hung up his spurs…but not for long, as it turned out. Bolton, who will be 60 in March, is back in the game. What draws the old gunslinger out of retirement is a big opportunity he feels he can’t miss out on.
January 12th, 2010 | Chris Mayer | 2 comments | Continued
Have the Chinese Stopped Industrial Stockpiling of Raw Materials?
Speaking of losing and just what’s at stake as September begins, why don’t we start with where the entire global recovery – and Australia’s resilience – are supposed to reside: Chinese strength. The Shanghai Composite fells 6.7% overnight and is now down over 25% from its highs. Uh oh.
September 1st, 2009 | Dan Denning | 0 comments | Continued
Understanding What is Behind the Price Movements
Many analysts regard everything beyond the price data as noise. You never know whose ideas or whose explanation or whose predictions are correct, they say. All you really know for sure is the price.
August 18th, 2009 | Bill Bonner | 0 comments | Continued
Building a National Economy Around the Housing Industry
Let’s also assume that the government cannot borrow its way to larger stimulus payments. With lower spending forecast for government, businesses, and households, you begin to wonder if Australia’s economy has a home grown engine, or if it will rely on something else, or someone else beyond the borders.
July 30th, 2009 | Dan Denning | 9 comments | Continued