Here come the strikes, governments put to the test
Today, Greek customs and tax officials will conduct a 48 hour strike, next week there will be a 24 hour civil servant, doctor and...
The Secret Memo to Derail Financial Reform
A reader pointed me to Joe Weisenthal’s Business Insider article based on a HuffPo piece that was itself based on a secret memo by...
Bernanke Renewed for “An Extended Period”
Good Evening: After a couple of weak rally attempts that failed last week, U.S. stocks were able to put together a decent rally on Monday...
Open Thread: Correction Over, Market Rally Resumes?
OK, dear readers and commentors: You asked for more open threads, and you got it. Tonight, let’s discuss whether the pullback is...
Wednesday Reads
Today’s eclectic and interesting reading list: – Remarks by Chairman Bernanke at his swearing-in ceremony – Easy =...
QOTD: The Spectre of Volcker’s Ghost
When challenging the former Fed Chair about the Volcker Rule, Sen. Mike Johanns (R., Neb.) learned why Tall Paul is not a man to be...
Sovereign CDS update
Sovereign CDS are closing at their wides of the day with Portugal leading the way rising by 28 bps to a record 195. Spain is following,...
Picking Up the Slack — Or Is It Too Late?
As the countdown to Friday’s jobs number begins, it might be instructive to get yet another perspective on the amount of slack in...