Feb. 11 (Bloomberg) — Stephen Wood, chief market strategist at Russell Investments, and Rick Bensignor, chief market strategist at Execution Noble LLC, talk with Bloomberg’s Pimm Fox about the outlook for the global economy.
Wood and Bensignor also discuss Greece’s debt crisis, currencies and investment strategy. (Source: Bloomberg)
Duration : 0:4:57
http://www.berninger.de More and more indicators reveal a dangerous combination to occur in October this year. The crisis community, investors and households might want to prepare for the likelyhood of another Lehman style cascade of events.
Duration : 0:10:55
Jan. 28 (Bloomberg) — Shaun Rein, managing director of China Market Research Group, talks with Bloomberg’s Bernard Lo about China’s residential and commercial property markets, and government policy on bank lending.
Rein, speaking from Hong Kong, also discusses the outlook for the yuan. (Source: Bloomberg)
Duration : 0:6:2
This week Max Keiser and co-host, Stacy Herbert, look at food stamps in the U.S. and how drug money saved the global banking system. Keiser also speaks to Charles Goyette, author of NY Times bestseller, The Dollar Meltdown.
Duration : 0:26:26
Future of banking after the credit crunch and sub-prime crisis – impact on global economy. Meltdown of financial markets. Fire sale of banking assets after mark to market tests. Capital adequacy, bank solvency and capital injection with partial nationalisation. Global chaos in banking and economic outlook for emerging economies / developed economies. Impact on banking profits from global economic chaos, recession and collapse in bank share prices. Retail banking, corporate banking, wholesale banking and investment banking will become profitable again. Economy Video by keynote conference speaker Dr Patrick Dixon . The banking crisis will lead to further consolidation, cuts in retail outlets and staff redundancies. This will remove competition from the market and allow greater profit margins over things like commercial loans and mortgages or current account bank charges. Coupled with cost-savings, this will result in healthy profits in future. Banking share prices are in turn likely to show recovery, which could also mean that the end cost of expensive government rescue packages may be less than feared, if they involved providing banks with equity in return for shares. Taxpayers may actually make a gain from their public ownwership of slices of banks. While huge remuneration for CEOs and Chairman of banks will come under scrutiny, and while regulation will be stricter, we can expect rewards for the most skilled bankers to once again be very generous. Interest rate cuts will also help banks indirectly by stimulating the businesses they lend to and helping to take the edge off a long recession.
Duration : 0:7:36
This week Max Keiser and co-host Stacy Herbert look at an application for worshiping Ronald Reagan and growing fears of the next sovereign debt crisis. Keiser also speaks to economist Steve Keen about wages, deflation and zombie capitalism.
Duration : 0:26:56
WING is a new business initiative that is being sponsored by Australia & New Zealand Banking Group Limited (ANZ). The WING vision is “Making Money Fair” by providing every Cambodian with a secure means to move money, save money and make payments affordably and quickly, wherever, whenever, every time. In Cambodia, there is a limited ability for the poorest in the community to save money, or transfer to family members. WING will provide this segment with the ability to carry out these functions. WING will provide payment services to the segment of the population not traditionally banked in Cambodia. In Cambodia, this equates to approximately 7-8 million. In a country of close to 14 million people, only ~500,000 currently have a bank account. WING will launch in Cambodia in October 2008, and will initially target the domestic remittance flows of garment workers to provincial locations in Cambodia.
Duration : 0:6:27