Wednesday, May 6, 2009

John's First Post

A couple of interesting articles in the news this week...

The first is by way of the Economist Intelligence Unit and speaks
to the Economist's Global Innovation Index for the BRIC Emerging
Markets. China has moved up while India, Russia and Brazil have
remained stable. See this at : China Rating.

The next are related to where Congress is on Credit Card legislation.
See the status in the House at Bill of Rights and what the Senate is
doing at Cards Changes.

How major banks rate today vis-a-vis Stress Testing is interesting
in that they all get preliminary good marks, but it looks like they all
need reserves for anticipated additional Loan Losses.

But, according to Ben Bernanke, there is 'light at the end of the tunnel'
in : 09 Improves.

Stay tuned for updates later this week and also peruse for yourselves
on the links to the right....

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