Singapore’s Developers Move From Best to Worst (Dec 2013)

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Source: Bloomberg – Singapore’s Developers Move From Best to Worst

Notable excerpts:

Singapore’s developers posted the worst performance on the benchmark Straits Times Index (FSSTI) this year after recording the biggest gains in 2012 as property curbs drove home sales lower and slowed price gains.

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Britons less inclined to pay down mortgage debt (Dec 2013)

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Source: Reuters – Britons less inclined to pay down mortgage debt

Notable excerpts:

Britons were less inclined to use savings to pay down mortgage debt in the third quarter, data showed on Monday, adding to signs of improving consumer confidence as house prices rise and the job market recovers.

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A familiar economic trend in America: Spending up, saving down (Dec 2013)

piggy-bank

Source: Washington Post  – A familiar economic trend in America: Spending up, saving down

Notable excerpts:

The U.S. economy has grown faster than expected in recent months, and energized American shoppers are the reason why. In September, October and November, consumer spending increased faster than it has in any three-month period since the Great Recession ended.

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Malaise Is Ahead For Malaysia’s Bubble Economy (Oct 2013)

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Source: Forbes –  Malaise Is Ahead For Malaysia’s Bubble Economy

Notable excerpts:

I recently wrote about how Indonesia’s economy has devolved into a classic credit and asset bubble-driven growth story, and its neighbor Malaysia is on the same path along with most other Southeast Asian economies, which are part of the overall emerging markets bubble that I have been warning about in the last couple of years.

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Danes With World-Beating Debt Loads Prepare To Dig Deeper (Oct 2013)

Debt-Bomb

Source: Bloomberg – Danes With World-Beating Debt Loads Prepare To Dig Deeper

Notable excerpts:

Danish households, which already have the world’s biggest debt load relative to incomes, are about to use a real estate recovery to go further into the red.

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