Evidence of coming bear market in china - 20 percent of the 5.8 trillion yuan loans banks made in the five months invested in stock market
Peter Oberois
Jun. 28, 2009

The Chinese bank loans have gone into stock market speculations. China Business News reported, citing a government economist that .16 trillion yuan ($170 billion) of Chinese bank loans is estimated to have been used to invest in the stock market in the first five months. The Chinese stimulus money created the bear market rally that has finally stalled.

These Chinese bank funds and the economic stimulus money helped form a financial bubble, the newspaper cited.

Evidence of coming bear market in china - 20 percent of the 5.8 trillion yuan loans banks made in the five months invested in stock market
Peter Oberois
These Chinese bank funds and the economic stimulus money helped form a financial bubble, the newspaper cited.
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Japan leads Asia in early stock market slump with share holder value dilution – the new trend in stock markets
Sam Adelton
Asian stocks fell led by the Japanese securities. The companies are selling shares without caring the existing shareholders equity values.
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Unemployment rate for June may have climbed towards 10%, loss of Nonfarm Payrolls increased in June
Fred Day
The unemployment picture continues to worsen, although far less drastically than a few months back. The stimulus money is working to stabilize the economy but things do not look that great.
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The next wave of financial meltdown about to start – small bank lining up for TARP funds
Joe Weinman
If the economy does not turn around, the next wave of financial meltdown will wipe out the financial infrastructure.
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Lantus diabetes drug was linked to an increased risk of cancer in studies in Germany and Sweden : European Association for the Study of Diabetes
Special Correspondent
European Association for the Study of Diabetes says Sanofi-Aventis SA’s Lantus diabetes drug was linked to an increased risk of cancer in studies in Germany and Sweden.
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Coca-Cola, Archer Daniels use lobbyists to stop Obama from financing a federal health-care overhaul using tax on sugared beverages
Marla Guthrie
President Obama is adamant on getting the healthcare reform complete. The money has to come from somewhere.
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Warren Buffett’s lunch meeting price points to a deep bear market for the rest of 2009
Peter Oberois
The steakhouse lunch with billionaire investor Warren Buffett sold for $1.68 million in an online auction to benefit a San Francisco charity, trailing last year’s record of $2.1 million by a staggering 25%.
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The highest savings rate in 15 years signaled consumers may pare spending in US – the housing recession, the loss of jobs having direct effects
Sam Adelton
The US Commerce Department reported that the savings rate among Americans reached 6.9 percent in May, the highest since December 1993...
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