Investment Markets Overview – w/e 17 Aug 2012

This US Republican Presidential candidate, Mitt Romney, announced his running mate this week, Paul Ryan, the house representative of south eastern Wisconsin and Chair of the powerful House Budget Committee. Ryan, aged 42, has never held a private sector job and like so many of today’s crop of political leaders, such as the UK’s number one and two, chose to become a career politician instead. Like so many in politics today, “public service”  has not hindered the accumulation of wealth, which in Ryan’s case is estimated assets of $US3.2m as at 2010, about half of the net worth for the average member of Congress, according to the Center for Responsive Politics. He is one of the largest political fundraisers in Congress, with more than $5.4m in his campaign account, according to the Federal Election Commission, with the majority of his financial support emanating from the banking and insurance sectors.

Subscribe to the Full Investment Markets Overview Newsletter which contains the following additional content:-

  1. US economic statistics released this week included advance retail sales for July . . . .
  2. Euro-Zone economic growth, or should that be lack of it, was the highlight this week  . . . .
  3. British retailers reported an above expected rise in sales in July   . . .
  4. Out East, Japan’s Q212 GDP was estimated at  . . .
  5. The China Banking Regulatory Commission expressed particular concern . . .
  6. The $US index added   . . . 
  7. The UK gilt yield jumped by   . . . 
  8. Within the commodities complex, . . .
  9. Economic data due next week includes . . .

Returning to the potential Vice President, Paul Ryan . . .

  • Charts:-
  1. Indices Weekly
  2. US Housing Starts vs US CPI Annualised
  3. UK Retail Sales vs UK 3Mth Av’ge Wages 1mth Lag
  4. Shanghai Property vs Shanghai Composite
  5. US 10 Year Bond Yield vs Spanish 10 Year Bond Yield

       Table of 15 Indices, 11 columns of detailed information, for accurate analysis

“Respect of Values and Ethics appears to be a Contradiction in Politics”

Click  HERE  to view Details of the full version of this Newsletter

which includes full text and detailed Charts for each section

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