Trimble Navigation Limited (TRMB)
Q1 2012 Earnings Call
May 03, 2012 4:30 pm ET
Willa McManmon -
Steven W. Berglund - Chief Executive Officer, President and Director
Rajat Bahri - Chief Financial Officer and Assistant Secretary
Paul Coster - JP Morgan Chase & Co, Research Division
Michael E. Cox - Piper Jaffray Companies, Research Division
China is unstable and likely to continue its downward spiral, Europe's economy is weak but may soon start rebounding, and North America is steady but not spectacular. That's the overall sentiment provided by more than 100 CFOs at some of America's largest businesses.
The world’s top central bankers will get little rest in 2013.
Growth is expected to be lackluster this year in many developed countries, and interest rates are stuck near zero in Japan and the United States. Credit Suisse analysts believe that real interest rates will remain negative for at least a decade.
In such an environment, the action central banks take will be closely watched.
Here, The Financialist explores what’s ahead for the Big Four.
Bloomberg reports Japan Posts Back-to-Back Current-Account Deficit in December.
Japan posted back-to-back monthly current-account deficits for the first time since 1981, highlighting challenges for Prime Minister Shinzo Abe’s campaign to revive the economy.
Over the past several months we’ve built on several narratives out of China certainly not the least of which is the idea that economic growth in the country is decelerating quickly at a time when accelerating capital outflows make devaluation an unpalatable (if inevitable) proposition.
By Tim Iacono: Gold and silver once again rebounded late in the week on renewed safe haven demand stemming from fresh violence in The Ukraine, but with U.S. stock indexes threatening record highs, interest in precious metals in the West is waning as evidenced by ongoing outflows from metal ETFs. Economic reports in the U.S.