Wednesday, July 25, 2012

DailyMarkets.com - Central Bank News Link List – July 25, 2012

DailyMarkets.com - Central Bank News Link List – July 25, 2012


Central Bank News Link List – July 25, 2012

Posted: 25 Jul 2012 01:02 AM PDT

    Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list is updated during the day with the latest news about central banks so readers don’t miss any important developments.

Fed leaning closer to new stimulus if no growth is seen (New York Times)
Bank of Korea sees downside risk to growth view (MarketWatch)
Philippine peso declines as central bank signals rate reduction (Bloomberg)
EU rushes to make ECB single bank … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Thailand Keeps Interest Rate At 3%

Posted: 25 Jul 2012 12:52 AM PDT

    The Bank of Thailand kept its benchmark one-day repurchase rate steady at 3.0 percent, as expected, judging the policy stance accommodative enough to cushion the economy against the global risks.
    But 2 of the bank’s 7-member Monetary Policy Committee voted in favor of cutting the rate, the bank said in a statement.
    The bank said the Thai economy continued to recover from the floods last year and was operating close to its potential, with domestic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CEO Won’t Hire People Who Use Poor Grammar

Posted: 24 Jul 2012 09:02 PM PDT

Kyle Wiens, CEO of iFixit, the largest online repair community, and founder of Dozuki, a software company dedicated to helping manufacturers publish amazing documentation, explains on the Harvard Business Review blog why “I Wont’ Hire People Who Use Poor Grammar. Here’s Why”:

“I am a grammar “stickler.” I have a “zero tolerance approach” to grammar mistakes that make people look stupid.

Everyone who applies for a position at either of my companies, iFixit or Dozuki, takes a mandatory grammar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Sorry…

Posted: 24 Jul 2012 06:03 PM PDT

…but I couldn’t resist telling a few jokes:
The set-up
“Obama: Under Me ‘People Have A New Attitude Toward America’ And ‘More Confidence’” (Real Clear Politics)
“Because we’re leading around the world, people have a new attitude toward America. There's more confidence in our leadership. We see it everywhere we go,” President Obama said at the Veterans of Foreign Wars convention in Reno.

The punchline
The latest Chicago Booth/Kellogg School Financial Trust Index finds that only 21 percent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


What Truly Happened? The Top Ten Unfinished/Untold Stories Of Our Economic Crisis

Posted: 24 Jul 2012 05:23 PM PDT

With the development of internet applications and various social media sites, do you ever find yourself looking back to see what happened to specific situations or individuals in your past?
I am going to guess most people have navigated back down the road to do just that at least once over the past year or so. Perhaps sometimes you learn what truly happened to people and situations in your past, and sometimes you don't.
In this spirit, let's take a break from the daily flow of news … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


How To Remain Unemotional In A Volatile Market

Posted: 24 Jul 2012 04:46 PM PDT

I look back at my last post and think, based on the market's action over the past several days, what must I have been thinking?  How could I possibly gone so far out on a limb as to call for … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Time For One Step Back?

Posted: 23 Jul 2012 12:18 AM PDT

Last Monday, I wrote that markets were choppy, volatile and lacking in direction (see Waiting for direction) and I was waiting for a technical breakout, either to the upside or downside. Despite the upward bias shown by the stock market last week, I remain convinced that equities remain in a trading range. In that case, the coming week might be a opportunity for stocks to take one step back.

These days, the way to think about global markets is to think about how the Big Three are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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