Retail Sales a touch above expectations
Jan Retail Sales rose .5% m/o/m headline, .6% ex auto’s and .6% ex auto’s and gasoline. All are a touch above estimates in...
How “Quant” Trading Triggered the Credit Crisis
Yahoo: Greedy CEOs, bad regulators, short sellers, debt-happy Americans, and politicians of all stripes have been blamed for the great...
One fire out, for now, but another flares up again
Just as one fire has been put out for now (Greece), the one that originally caused jitters in the markets in mid Jan, China, now flares...
How is Toyota Like Citigroup & Goldman Sachs?
It turns out that Banks aren’t the only entities who have managed to corrupt the political process and end up hurting themselves...
China Tightens; Futures Sell Off
China ordered banks to hold greater reserves in lending in an effort to cool off their fast growing economy surging real estate prices. ...
Wall Street Journal Forecasting Survey (Whoopee)
Their mediocre track record not withstanding, it seems you just cannot stop the economic crowd from making forecasts. The WSJ has the...
Thursday Reads
Here’s what caught my eye today: • Economists Say Many Lost Jobs Won’t Return (WSJ) • Wall St.’s Biggest Bonuses Go to...
FT Explains Proposed Bank Reforms
The FT takes a look at the far-reaching proposals for overhauling Wall Street by President Obama via this nice animation: > click for...
Indebtedness of Various Sovereigns
Dylan Grice put out an informative piece this morning, titled Government hedonism and the next policy mistake. A a few charts — and...
Andy Xie: Steering Out of a Smash-Up No One Wants
U.S. President Barack Obama dramatically altered policy direction during his first State of the Union address by announcing plans to...