Gasoline prices
With just days ahead of the July 4th long weekend, the average price of a gallon of gasoline, as of yesterday, has fallen for 8 straight...
Case Shiller Index Falls 18%
Home prices continued to decline in April 2009, but at a slightly less bad rate than expected. Don’t break out the champagne, just...
Case/Shiller HPI
The April S&P/CaseShiller 20 city home price index fell 18.12% y/o/y but was better than the forecasted drop of a fall of 18.63%....
Jim Welsh: June Letter
~~~ ECONOMY In February I thought the stock market was on the cusp of the largest rally since the bear market began in October 2007, and...
Are we there yet? Yes kids, in about 8 hours
Are we there yet? Yes kids, in about 8 hours. The S&P 500 will see its first quarterly gain since Q3 ’07, a streak of 6...
Why Does UBS Still Employ Phil Gramm ?
Last week, UBS announced a 2nd Quarter loss “due to restructuring charges.” The banking giant is raising $3.45 billion in a...
AM Reading
These caught my eye this morning: • Street to Log Best Quarter Since Crisis (WSJ) • Bernanke’s ‘Green Shoots’ Take Over the...
2008, 2009, and the Madoff Legacy
Good Evening: In an attempt to finish a strong second quarter on a high note, investors began this holiday-shortened week by pushing...
Win GM Stock Certificates
Wiley is running a promotion for all new buyers of Bailout Nation: Buy a copy of the book, and send an email of the receipt to Bailout...
Bailout Mambo
3 month to 30 year US swap spreads data from Bloomberg pulled into excel, mashed up a bit and set to music. Hat Tip: Paul Kedrosky