No, this is not a cover indicator — the cover indicator requires several factors not present here: It helps to be for a widely...
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Today, there is a meeting at the NY Fed of 17 firms this afternoon to discuss changes in "Derivative Infrastructure" and Credit...
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Numerous pundits have taken to claiming that the Misery Index — a combination of Inflation measures and Unemployment — is...
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I cannot access the original data — NAR servers seem to be having problems — but here is a quick blib via Bloomberg:...
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Note: This was written Sunday, and scheduled to post later this week — but given the Lehman news, its more timely this AM: >We...
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I’ll have more on the brokers later today, but this is simply an enormous whack: Lehman Brothers to post $3 bln loss; sets $6 bln...
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Source: R.J. Matson, The St. Louis (MO) Post Dispatch / Politicalcartoons.com
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My friend Rob Fraim on Speculators: You know, we don’t mind it when speculators drive up the price of our stock portfolios. And...
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The NYT’s Floyd Norris notes that the 12-month change in private sector jobs is down 125,000 jobs from may 2007 to May 2008. Since...
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