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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (25036)1/20/2005 12:30:59 PM
From: russwinter  Respond to of 110194
 
Consumer Index Falls Four to 113.4

Investor Index Drops Three to 133.9

Rasmussen Consumer Index

RR High Low
2004 127.0 104.6
2003 123.2 83.2
2002 124.3 93.8

Thursday January 20, 2005--The Rasmussen Consumer Index lost four points on Thursday to 113.4. The Index measures the economic confidence of American consumers on a daily basis.

The Rasmussen Investor was also down on Thursday, dropping three points to 133.9. That represents the fifth straight daily decline.




To: CalculatedRisk who wrote (25036)1/20/2005 1:38:21 PM
From: RealMuLan  Respond to of 110194
 
The US Treasury just put out the Nov. data on their web site. China, as of the end of Nov. 2004, held $191.1 billion US debt, including all long/mid/short term debt, accounting for 33.3% of all China's foreign reserve. This is significantly lower than most of people claimed. I did not calculate myself, I got the number from some Chinese news.

That said, one unnamed source claimed that China entrusts Asian Development Bank, and maybe some others, to buy some US debt too. So the actual number of US debt China holds maybe higher than the above.

Among the $81.0 bln of US net capital inflows in Nov., China bought $13.4 billion or so.

And generally speaking, plenty of Chinese economists are still pretty bullish on US economy<lol>

And BTW, I do not think the US recession will drag China in recession too<g>. We will see.



To: CalculatedRisk who wrote (25036)1/20/2005 5:26:07 PM
From: regli  Respond to of 110194
 
The bird flue issue could also have a dramatic impact on foreign treasury purchases. If there is a pandemic, I suspect that this event might trigger the change from treasury investments into domestic investments for the major players like China, Japan, Korea and Taiwan.

This might start the fall of the dominos.