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...
Has the New York Fed been serving the public trust? Has Geithner?
Joshua Rosner is Managing Director at independent research consultancy Graham Fisher & Co and advises regulators and institutional...
Markets! Finance! Scandal!
I did an interview with Max Keiser out of Germany last week — they only had to bleep me twice.
Pumped With Cash – And Ready to Crash?
Former Morgan Stanley Analyst Andy Xie explains how Domestic and foreign money is pouring into Chinese real estate, not productive...
ADP employment report/less bad trend continues
ADP said the private sector shed 22k jobs in Jan, 8k less than expected and follows a decline of 61k in Dec which was revised from -84k....
Greece is back on track!?
“We are endorsing the Greek program, we are giving confidence and supporting the Greek authorities” but “the...