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looking at relative valuations, outflows have overshot what is a relatively benign valuation picture for US stocks. Using the average P/E ratio of Hong Kong and UK stocks as a global proxy, we find that valuations are close to the medium-term average (chart 3). The odds therefore seem skewed towards hig
the purchase of financial products and/or services, customers should carefully read the relevant disclosures, prospectuses and other documentation. "Moody's", 'Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating agencies in Japan unless "Japan" or "Nippon" is specifi
or debt crisis Korean Won reverses loss after intervention signal (currency closed +1.1% after being -1.4%) Spread b/w Chinese RMB deliverable in HK & mainland spot blows out to record wides (2.4% discount) Singapore inflation unexpectedly accelerated to fastest pace since 2008 (CPI +5.7% vs est
ne says may act next month if economic data worse than expected French central bank governor Christian Noyer says French banks can handle a default Moody's downgrades long-term debt rating of 8 Greek banks (ratings carry a negative Hewlett-Packard confirms naming Meg Whitman as President & CEO (backs of
ential Regulation Authority and Financial Conduct Authority. Details about the extent of our authorisation and regulation are available on request. Hong Kong: Distributed by Deutsche Bank AG, Hong Kong Branch. India: Prepared by Deutsche Equities Private Ltd, which is registered by the Securities
the purchase of financial products and/or services, customers should carefully read the relevant disclosures, prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating agencies in Japan unless Japan or "Nippon" is specifica
ential Regulation Authority and Financial Conduct Authority. Details about the extent of our authorisation and regulation are available on request. Hong Kong: Distributed by Deutsche Bank AG, Hong Kong Branch. India: Prepared by Deutsche Equities Private Ltd, which is registered by the Securities
the purchase of financial products and/or services, customers should carefully read the relevant disclosures, prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating agencies in Japan unless Japan or "Nippon" is specifica
States of America Tel: Deutsche Bank Ltd. Aurora business park Moscow, 115035 Russia Tel: Hong Kong Filiale Hongkong Intl. Commerce Centre Hong Kon tel: Deuts Singapore South Tower Singapore 048583 Tel: Deutsche Securities Inc. Japan 2-11-1 Nagatacho 11.1 111111111100-6171 Tel: Deutsc
e purchase of financial products and/or services, customers should carefully read the relevant disclosures, prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating EFTA01464564 agencies in Japan unless "Japan" or "Ni
a (4 in last week) 3. Eastern Europe (9 in last week) 4. Latin America (8 in last week) More by Andrew Butter Bernanke Might Learn Something from Hong Kong's Property Bubble Nov 17 2009 - ENK.SPY Bubble Spotting Isn't Hard, But Whose Job Is It? Nov 15. 2009 • DIA,SPV Looking at Unemployment Another Way
the past thirty years was paid for with debt. Of course, there's always a first time. Some of the debt was recently downgraded from A3 to Baal by Moody's, this is what they said: "Following recent disclosures of increased conditionality around when support could be provided to the GRIs" In other wor
Entities connected to both Hong Kong and Moody's

Jeffrey Epstein
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Bloomberg L.P.
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Deutsche Bank
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Donald Trump
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George W. Bush
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Barack Obama
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Marc Rich
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Stephen Hawking
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Malaysia
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Michigan
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