Spanish Stocks & Yields; look at Italy
Since 5:30am, yields have been steadily rising in Spain and just over the past 40 minutes have spiked again. The 2 yr note yield is up to...
Friday Morning Reads
Some reads to get your Friday morning started: • The Busts Keep Getting Bigger: Why? (NY Review of Books) • Pioneer to Revisit...
Me Media: Bloomberg Radio
This morning I’ll be joining Tom Keene and Ken Pruitt on Bloomberg Radio, broadcasting live from the Loews Regency Hotel (home of...
Durable Goods fine but Japan likely distorting data
Durable Goods orders in May rose 1.9% headline and .6% ex transports. The headline figure was .4% better than expected while the latter...
New Michael Lewis Book: Boomerang – Travels in the New...
Michael Lewis, Everyone’s favorite financial narrator, has a new book coming out in the Fall: Boomerang: Travels in the New Third...
First Ben, then Jean-Claude, now Wen
First Ben, then Jean-Claude, now Wen in national figures impacting markets with their rhetoric. Throw in the political action of oil...
Is the Fed the World’s Largest Fixed-Income Hedge Fund?
The following data is taken from Congressional testimony of the well respected banking analyst, Bert Ely, illustrates how the Federal...
Them – Mystic Eyes/Gloria (Music Hall de France, 1965)
(Only 313 plays?) Speaking of riveting live performances… While I’ve got your attention, watch this. It ain’t slick,...
10 Afternoon Reads
Here are the latest additions to my Instapaper: • Federal Reserve Frets Over Fiscal Recklessness Behind Calm of 0.09% Yield (Bloomberg)...