Morning stuff
Jobless Claims totaled 397k, 21k above expectations and rose from a revised 371k last week. Even with the higher than forecasted reading,...
SqueezePlay: Saving the Recovery
SqueezePlay : March 9, 2011 : Saving the Recovery [03-09-11 5:10 PM] click for video March 9, 2011 SqueezePlay...
Birinyi, Biggs, Fisher: Buy Year 3 of Rally
I do not recall who else was calling a bottom in March 2009 — there seems to be many more folks making the claim than occurred in...
The Seductive But Flawed Logic of Principal Reduction
The seductive but flawed logic of principal reduction Federal Reserve Banks of Boston and Atlanta March 9, 2011 Chris Foote (Senior...
Jews Caused the Credit Crisis!
Here comes the anti-Christ! As a Jew, I get insane emails such as this every single day — you damned kikes caused the credit...
Look Out Below (Spanish Version)
Yet another bank bailout coming, this time EU/Germany bailing out Spain. Combined with slowing exports in China and Germany, and you have...
Wednesday Reading
Eclectic midweek reading: • Arrests Made Over Icelandic-Bank Collapse (WSJ) • Nameless, formless crisis enveloping nation’s...
10 yr auction solid, why and what’s next?
The 10 yr auction was solid as the yield was 2-3 bps below the when issued and the bid to cover of 3.32 is above the 12 month average of...
Housing Heat Map
via AP http://hosted.ap.org/dynamic/files/specials/interactives/_business/home-price-tracker/index.html