Persona Non Grata at CNBC
I had lunch the other day with several other analysts, strategists, money managers and economists, all of whom shall remain nameless. All...
Spyker Now Owns Saab
Spyker Cars is now the proud owner of Saab. And according to the news release from G.M., the wind down of Saab’s operations is over:...
Wednesday Reads
Wednesday afternoon linkage • Bernanke Expects Extended Low Rates (NYT) • Martin Wolf: The world economy has no easy way out of the...
Chairman Ben S. Bernanke Semiannual Monetary Policy Report to...
Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. February 24, 2010 Chairman Frank, Ranking...
Energy Breakthrough: The Bloom Box Fuel Cell
Large corporations have been testing a new device that can generate power on the spot, without being connected to the electric grid. Will...
Where Did Employees from Collapsed Banks Go?
Where did all the people go from the collapsed financial institutions? Via Linked In, we get the semblance of an answer: One hypothesis...
5 yr note auction mixed
The 5 year note auction was mixed as the yield was slightly above the when issued but the bid to cover at 2.75 is the 3rd highest dating...
Jan New Home Sales at a record low
Jan New Home Sales, which measure contract signings of new homes, totaled 309k, 45k less than expected and down from 348k in Dec. It is...
Shiller Is Worried About Gov’t Involvement In Housing
Robert Shiller (Yale prof., Case/Shiller Indices) warned that the gain on the Case/Shiller index was purely due to the seasonal...
What Happens When Consumer Confidence Falls 10-Points?
Consumer Confidence fell 10 points last month. That is a relatively rare event, occurring only 21 times in the 400 months or so the...