Monday , 2 December 2024

4 Graphics That Put Important Economic & Investing News Into Perspective

“Follow the munKNEE.com“– Register to receive all future posts here

Say “goodbye” to long-winded commentary. Instead, say “hello” to  easy-to-understand graphics to put important economic and investing news  into perspective for you and some quick-hit observations on non-stop government spending, the importance of emerging  markets and the next sovereign debt crisis. Words: 340; Charts: 4

So writes Louis Basenese (www.WallStreetDaily.com) in edited excerpts from his original article entitled Friday Charts: Spendaholics, Sovereign Debt and Proof That Emerging Markets.

This article is presented by www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) for information purposes only. The article may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Basenese goes on to say, in part:

Certainties: Death,  Taxes… and More Government Spending

Finally!  Congress reached a compromise to avert the dreaded Fiscal Cliff. Don’t  worry about all the details contained in the 154-page bill, though. This  graphic tells us all we need to know.

As  you can see, all the new taxes don’t go very far towards covering up  Washington’s spending problem for the coming year.

Lest you think I’m manipulating  statistics to try to hide a delayed benefit, here’s another chart from the non-partisan  CBO. It shows the impact of the compromise over the next decade.

I still see a (spending) problem  somewhere – do you?

Definitive Proof That Emerging Markets Matter

Do you doubt the significance of emerging  markets? Here’s proof that they’re a really, really big deal and yet, according to BlackRock,  investors only allocate 5% of their capital on average to emerging markets

 Call me crazy, but I bet that allocation  goes up in the future – and rightfully so. If you want to get a head start, a  little birdy mentioned something about South Korea. (Details are here.)

Cry for Argentina!

The United States narrowly averted a  fiscal crisis – for now, at least – but not all countries promise to be so lucky.  Particularly Argentina.

Argentina is the only country that witnessed an increase in the cost to insure against a default last year, as  represented by credit default swap (CDS) prices and that’s not the only troubling statistic, either.

Since 1800, Argentina has reneged on  its debt seven times (that’s one more time than Greece over the same  period) so that makes Argentina a serial  defaulter and debt restructurer. Misery loves company, Argentina. Greece  is waiting.

Sign up HERE to receive munKNEE.com’s unique newsletter, Your Daily Intelligence Report

  1. FREE
  2. The “best of the best” financial, economic and investment articles to be found on the internet
  3. An “edited excerpts” format to provide brevity & clarity to ensure a fast & easy read
  4. Don’t waste time searching for articles worth reading. We do it for you!
  5. Sign up HERE and begin receiving your newsletter starting tomorrow
  6. You can also “follow the munKNEE” on twitter & Facebook

*http://www.wallstreetdaily.com/2013/01/04/friday-charts-fiscal-cliff/

Editor’s Note: The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

Related Articles:

1. How NOT to Run a Country: What’s REALLY Happening – and About to Happen – in Argentina

240px-Flag_of_Argentina_svg

One can barely keep up with what is going on here in Argentina, since each day brings more ‘new’ government dictates, rules and initiatives which all seem to share the same features – dumb and dumber – and virtually all with guaranteed unintended negative consequences. Let me give you my on-the-ground insights of the lay of the land – of what is REALLY happening in Argentina – and about to happen! Words: 853

2. Greek Fiscal Irresponsibility Is No Surprise! Here’s Why

greece-dominos

Is it a coincidence that Greece, a country with a 40% smoking rate, has dug itself into such a financial mess? What is fiscal irresponsibility, if not an unwillingness to deal with discomfort today in exchange for future financial health? [Let me explain why an analogy to a country’s addiction to smoking is so appropriate when considering the Greeks’ attitude to their country’s sovereign debt woes.] Words: 650

3. U.S. Events Suggest It’s Time to Further Internationalize Your Portfolio

investing2

With both the fiscal cliff and debt ceiling looming, US stocks beginning to trail stocks overseas and the much increased volatility of the US market compared to those outside the United States, it is getting difficult to argue that the United States is still the “safe port” in a storm. Given the changing dynamic, we continue to believe that this is a good time for investors to consider lowering their overweight position in US equities while raising the allocation to international stocks. [I explain my position more fully in this article.] Words: 711

4. Mexico: The New Economic Reality Makes It An Inviting Place for Visitors, Investors & Retirees Alike

mexico flag

Mexico, with  the world’s 13th largest GDP, is no longer a “Third World Country”, but  rather a fast growing, economically secure state. [Mexico is a great place to visit for a week or the winter, take early retirement to, and/or to invest in. This article outlines the new economic reality of the country.] Words: 785

5. 6 Charts to Better Understand the Resolution of the Fiscal Cliff

cliff_dive

With the meida channels flooded with commentary over the resolution of the fiscal cliff – I thought just a few simple charts [6] could make things just a bit easier to understand.

6. The Fiscal Cliff Drama Is Over! Here Are the Winners & Losers

fiscal cliff

At the 13th hour, the House passed the compromise bill that appears to have helped the U.S. avoid imminent economic disaster – from their own inability to reach a compromise before the January 1st deadline. For now, the markets appear to be cheering the reduction of some uncertainty but it’s not the all-inclusive deal that many had hoped for. Below are some of the apparent winners and losers included in the deal. Words: 765