the-nascent

Fed’s Hoenig: Keeping rates low "dangerous gamble" (Reuters)

Reuters - The Federal Reserve is undertaking a “dangerous gamble” by keeping rates at near zero for so long, and it must start raising rates or risk damaging the nascent U.S.

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Fed’s Hoenig: Keeping rates low "dangerous gamble"
(Reuters)

the-nascent

European shares drop despite record German GDP (AFP)

AFP - European equities slipped into the red on Friday, wiping out earlier gains as nervous investors paused after a torrid trading week despite record second-quarter economic growth in Germany.

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European shares drop despite record German GDP
(AFP)

the-nascent

German ban on risky bets seen backfiring (Reuters)

Reuters - Germany banned risky bets on bonds, stocks and credit protection, stunning investors and setting euro zone markets up for a rough ride on Wednesday amid fears Berlin’s attack on speculation will backfire.

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German ban on risky bets seen backfiring
(Reuters)

the-nascent

Obama slams Republican ‘naysayers’ on economy (AFP)

AFP - President Barack Obama, with voters set to vent their anger in key party nominating races, claimed ownership of the nascent economic recovery Tuesday, bonding with workers in rustbelt Ohio.

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Obama slams Republican ‘naysayers’ on economy
(AFP)

the-nascent

Japan pulls out of recession, but outlook shaky (Reuters)

Reuters - Japan’s economy returned to growth in the second quarter, ending its longest recession since World War Two, but analysts warned of a rocky road ahead as the nascent recovery was based on short-term stimulus efforts around the world.

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Japan pulls out of recession, but outlook shaky
(Reuters)