Gross Says Sovereign Debt to Resemble Corporate Returns
Bill Gross, who runs the world’s biggest mutual fund at Pacific Investment Management Co., talks with Bloomberg about the outlook...
Does Baltic Dry Freight Index Lead Commodity Prices ?
Interesting parallels between the cost of shipping dry goods, and the prices of those goods themselves. The caveat is the past 2 years...
Canada a step closer to hiking rates from record low?
After Australia raised rates to 4% as expected, the other major commodity country, Canada, decided to leave rates unchanged at their...
Cashin on Dollar Correlation
Art Cashin, director of floor operations at UBS. Airtime: Tues. Mar. 2 2010 | 8:50 AM ET
Mortgage Rates: Only One Way to Go
There’s been plenty of speculation about what will happen to mortgage rates if and when the Federal Reserve wraps up the last of...
Geithner, Summers Lead FOMC Vacancy Search
Oh, goody, the status quo duo are leading the search for not one but three FOMC governors. These two are notable not only for their...
Moving back to average is much easier in Asia
After cutting interest rates from 7.25% to 3% over the Aug ’08 to Apr ’09 time frame to battle the credit implosion, the...
What Were the Actual Losses in Madoff’s Fraud?
Here is a deceptively complex and subtle legal question involving Ponzi schemes and fraud: What are “losses” in the legal...
A Banker’s Progress
Doonesbury had a funny strip Sunday titled “A Banker’s Progress“. > > Ernst adds: “You’ve probably heard...
Monday Reads
Quite a few interesting stories today in them papers. Here is what caught my eye: • Will Toyota’s problems hurt Honda?...