bz1516

American Capital Agency Corp.: Dividend Cuts Coming

I think you are basically right. The NIM should decline. We have no idea how much as we don't know whether the transactions took place in the early or late part of the quarter.

Ramping Up China's Domestic Consumption: What's Taking So Long?

Interesting article, but at odds with my personal experience importing from and dealing with small to medium size Chinese companies. Many of these companies that started with exports are producing more and more for the domestic market. Off hand I can't think of a consumer product category that is not/cannot be produced in China in large increasing quantities. Cell phones and autos come to mind immediately. Now the quality may not be quite as good, but that is not an issue for the Chinese consumer right now.

Is China's Recession Worse Than We Thought?

Agree with other comments. Anyone who thinks that demonstrations caused by a few factories who don't pay their workers will lead to actionable social instability in China, has no idea what they are talking about and has likely never been to China.