I used to think that banks were a place which kept my money safe. And that they made money lending money out to people who wanted to borrow.

It is a sad state of affairs when the markets (populated by rational investors (we hope)) look to politicians for direction.

China’s economy posted a rather frenetic 9.1% GDP growth for the third quarter of 2011, short of analysts’ expectations for an annual growth rate of 9.3% and slower than the 9.5% registered in the second quarter.

The signing of a clutch of free trade agreements (with Korea, Colombia and Panama) is not a sign for a quick reversal in America’s balance of trade into the black. It is, however, a step in the right direction

The Rich get Richer.