econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 14 October 2015

Early Headlines: Global Stocks Decline, China Disinflation, VW Electric Cars, U.S. Deflation, GE Divesting Finance, Oil Slide To Continue, Financial Crisis Is Back And More

Written by

Early Bird Headlines 14 October 2015

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

early-bird-301-180

Global

  • Asian shares extend losses after China prices cool (Reuters) Asian shares tottered on Wednesday, extending losses after consumer inflation in China eased more than expected and heightened concerns about deflationary pressures in the world's second-largest economy. China's consumer price index (CPI) rose 1.6% in September from a year earlier, the National Bureau of Statistics(NBS) said, falling short of expectations of 1.8% and down from August's 2.0%.

  • Major World Indices (Investing.com) There is a lot of red this morning in Europe and Asia. Data shown as of 2:45 am New York time 14 October. For latest data click on chart.

europe.asia.stocks.2015.oct.14.245.am.NY.NY

  • The Financial Crisis is Back (Casey Research) Analysts at Goldman Sachs (GS) say the emerging market stocks crash (down 32% this summer) recently isn't just a run-of-the-mill selloff. It's the next phase of the global financial crisis that began in 2007. The U.S financial crisis back then was phase 1. Phase 2 was Europe's sovereign debt crisis in 2012, when entire countries like Greece, Portugal, Ireland, and Spain almost went bankrupt. Goldman says we are now in phase 3.

  • Expect Opec members to keep their feet on the production accelerator (Financial Times) There was a time when, due to their large share in total oil exports and their relatively low average production costs, the oil cartel had a meaningful influence on oil prices - so much so that its members could also have an impact on the behavior of non-OPEC producers. That was gradually eroded by the growing importance of external producers, before the cartel was dealt a huge blow by shale innovations and adoption. Now the OPEW producers strive to preserve market share regardless of price.

  • Oil Slide Means `Almost Everything' for Sale as Deals Accelerate (Bloomberg) More than $200 billion worth of oil and natural gas assets are for sale globally as companies come under renewed financial pressure from the prolonged commodity price rout, according to IHS Inc. There are about 400 buying opportunities as of September, IHS Chief Upstream Strategist Bob Fryklund said in an interview. Deals will accelerate later this year and into 2016 as companies sell assets to meet debt requirements, he said. West Texas Intermediate crude has averaged about $51 a barrel this year, more than 40% below the five-year mean.

  • Human Population Growth: How Human Activity Threatens Our Survival (Doomstead Diner) The total biomass of all the ants on Earth is roughly equal to the total biomass of all the people on Earth. How much climate change can be attributed to ants? This author suggests it is not the number of people affecting the Earth. That leaves the important factor of human actions (not human presence) as the focus of how to save the planet.

U.S.

  • Jim Cramer's 'Mad Money' Recap: Time to Sit This One Out (TheStreet) Cramer has followed for years the S&P market oscillator to determine whether the market is overbought or oversold. When the oscillator goes above five, Cramer gets worried; above 10 (as it is now) and it's time to take profits.

  • Last big chunk of GE Capital sold to Wells Fargo (Fortune) Six months after General Electric announced it would sell off most of its financial arm GE Capital, that divesting process is nearly complete. Yesterday the company announced it would sell a large portion of GE Capital - its commercial lending and leasing businesses with roughly $32 billion in assets - to Wells Fargo, representing the industrial conglomerate's largest divestiture to date. The deal also brings the tally of GE's selloffs to $126 billion in assets, or nearly two-thirds of the $200 billion it plans to exit overall. The rest are mostly overseas and smaller units. Econinteresect: This is the way to end all TBTF situations.

  • The US is closer to deflation than you think (CNBC) Most of the U.S. outside of the West is deflating over the past few months. While many are talking about deflation risk in Europe, fewer are noticing how close to deflation is the U.S.

UK

  • Four in five Londoners think house prices are too expensive, ING says (City A.M.) More than 80 per cent% majority believe it is becoming increasingly difficult for first-time buyers to get a foot onto the property ladder, according to new research released today. The Dutch banking giant ING's house price optimism index, which surveys over 15,000 people, found that the majority of European consumers (56%) believe that prices will rise over the next 12 months, with confidence up by three percentage points from last year. But 26% (only slightly different from 28% last year) are struggling to pay their rent or mortgage each month.

  • Twelve more reasons Brexit campaigners have momentum (City A.M.) This is an article by Richard Tice, chairman of the Global Britain Business Group and co-founder of the Leave.eu campaign.

Germany

  • Volkswagen changes diesel technology plan after emissions scandal (Financial Times) Less than a month after VW admitted its diesel vehicles in the US had cheated in emissions tests, the German carmaker said its "diesel vehicles will only be equipped with exhaust emissions systems that use the best environmental technology". But VW also plans to intensify development of electric cars and plug-in hybrids, and will look at whether some smaller vehicles could use petrol instead of diesel.

China

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Joan Robinson’s Critique of Marginal Utility Theory
The Truth About Trade Agreements - and Why We Need Them
News Blog
The Universities Churning Out The Most Billionaires
Five Amazing Ways Plants Have Created New Technologies
Where U.S. Weekly Wages Go The Furthest
What We Read Today 09 December 2016
How To Stop Using Filler Words Like Um And Uh
02 December 2016: ECRI's WLI Growth Index Improvement Continues
Preliminary December 2016 Michigan Consumer Sentiment Highest Since Early 2015
October 2016 Wholesale Sales Improved
Rail Week Ending 03 December 2016: Finally A Positive Month
November 2016 CBO Monthly Budget Review: Total Receipts Up by 1 Percent in the First Two Months of Fiscal Year 2017
Infographic Of The Day: Copyright - Illegal Download
Early Headlines: Asia Stocks Mixed, Oil Steady, Bank Mafia, Trump To Remain TV Producer, US Life Expectancy Down, India Stocks Suffering, Park Impeached, China Struggles To Support Yuan And More
Heavy Metal And Hard Rock Albums That Went Certified Diamond Status
Investing Blog
Investing,com Weekly Wrap-up 09 December 2016
Are Your Trade Entries Patient Enough?
Opinion Blog
Looking At Everything: Trump's $1 Trillion Infrastructure Plan
The Global Financial Mess Is Due To Political Failure
Precious Metals Blog
Silver Prices Rebounded Today: Where They Are Headed
Live Markets
09Dec2016 Market Close: Wall Street Closes On A New High, Trump Sugar High, Crude Prices Testing Resistance, US Dollar Melts Higher
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government



Crowdfunding ....






























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved