The Big Picture

Just to keep you all up on the conference as it comes into the final stretch. Rep. Alan Grayson (D-FL) is going to come to conference and...

> AIG says Chairman and CEO Liddy plans to step down from those roles after successors are found. >

I am constantly amazed at the willingness of some very smart people on Wall Street to follow the herd, even over the proverbial cliff....

With Rosie now gone from Merrill Lynch/BofA (new research here), let’s see what his replacement, Neil Dutta, is up to: > Leading...

In response to the S&P move on the outlook for the sovereign credit rating of the UK, its 5 yr CDS has risen today to 82 bps from...

Former Fed Governor William Poole Here is a proposal, not at all original but deserving of serious public discussion. As a condition of...

Treasuries reversed to the downside at about 11am after the results of today’s Federal Reserve purchase details of US Treasuries...

Market’s down somewhat, 160 off on the Dow, Nasdaq in the red 2%+ LEIs show first rise in 7 months, coincident still very negative....

click for video > Bloomberg: The Standard & Poor’s 500 Index may fall beneath its 12-year low on March 9 because consumer...

The May Philly Fed survey came in at -22.6, 4.6 pts weaker than expected but is a slight improvement from April’s reading of -24.4...