$ breaks lower/stock bears lowest since ’04
Notwithstanding $ comments from Bernanke (hollow I know based on the minutes yesterday) last week and policy and potential policy steps...
Bad Economy Could Spell Good News on Wall Street
> Source: A Bad Economy Could Spell Good News on Wall Street for Years to Come Peter Gorenstein Tech Ticker, Nov 24, 2009...
Fed Reserve Endorses “Crony Communism” for Wealthy
Here’s a candidate for the understatement of the year: The Federal Reserve is concerned that their free-wheeling, money-printing,...
Multibillion-Dollar Push Into Energy Research
> This is actually terrific news: “The Obama administration’s push to solve the nation’s energy problems, a massive...
Tuesday Reads
Fascinating stuff on the intertubes today: • Fischer Speaking Means Bernanke Listening When Rates Fluctuate (Bloomberg) • Are the...
30 yr FNMA mortgage rate falls below 4%
Today’s rally in MBS has taken the 30 yr FNMA coupon to below 4% at 3.98%, for the first time since May 20th. Combining the...
Great 5 year note auction, they still love us
The record 5 yr $42b auction was excellent as the yield was 3-4 bps below the when issued and the bid to cover at 2.81 was the best since...
State of the Economy (Update)
Nice interactive graphic from Russell Investments looking at the state of the economy. Russell uses 4 market and 4 economic data...
New Blog: “Economists for Firing Larry Summers”
While many people seem to be agitating for Turbo Timmy’s dismissal, an underground drumbeat has begun calling for Summer’s...
David Rosenberg on GDP
David Rosenberg, chief economist and strategist at Gluskin Sheff, and the CNBC news team look ahead to today’s GDP data and share...