Monday, December 17, 2012

17/12/2012: Don't write manufacturing off

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Here is an amazing (yep, amazing) report from McKinsey on the future of Manufacturing:  http://www.mckinsey.com/insights/mgi/research/prod...

17/12/2012: More spin on Promo Notes 2012

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Here's the latest saga on Anglo Promo Notes 'non-payment' in March 2012: This relates to the past here on the topic. T...
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Sunday, December 16, 2012

16/12/2012: Europe's Social Welfare State gets German Warning

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"If Europe today accounts for just over 7 per cent of the world’s population, produces around 25 per cent of global GDP and has to fi...
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16/12/2012: A Bucket of the Bad with a Pinch of the Ugly

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I wanted to post this chart for some time now, but kept forgetting about it. The chart comes from RBS research on banks from November 2012...

16/12/2012: Stop the nonsense on 'non-payment' of Promo Notes 2012

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In recent weeks, the Irish Government has engaged in a willful and undeniable distortion of fact. Here is one example of a senior Minist...
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Friday, December 14, 2012

14/12/2012: Irish external trade in goods: October 2012

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Irish trade in goods stats are out for October 2012 and here are the core highlights (aal seasonally adjusted): Imports of goods in val...
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Thursday, December 13, 2012

13/12/2012: Some thoughts on gold

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Tonight's Prime Time program covering gold is undoubtedly one of the rare occurrences that this asset class got some hearing in the I...
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13/12/2012: Italy & Spain escape bond markets scrutiny... for now

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Two bond auctions for the largest peripheral euro area countries showed the sign of markets still believing the ECB promises of OMT '...

13/12/2012: Mortgages at Risk: Acceleration in the Trend

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In the previous post ( here ) I detailed the trends in mortgages arrears in Ireland based on Q3 2012 data released today. Since then, I ha...
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13/12/2012: Irish Mortgages Arrears - Q3 2012

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Q3 2012 data for Irish residential mortgages in arrears is out and here is the first summary of horrific details: Total number of resid...
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Tuesday, December 11, 2012

11/12/2012: Ireland and EU27 Construction sector activity Q3 2012

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On foot of the previous post looking at Q3 2012 data for Construction and Building Sector activity in Ireland, here are some internationa...

11/12/2012: Construction Sector Activity in Ireland - Q3 2012

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Horrible numbers out today for the Irish Building & Construction sector. Per CSO: "The volume of output in building and constr...