10 Thursday PM Reads
My train reading: • U.S. retail sales rise scant 0.1% in December (Market Watch) • Why Zombie Banks Hate to Write Off Bad Loans...
Holiday Sales Were Muted; Sears Suffers Setback
Anticipation for a strong holiday season did not bear out as December sales proved lackluster. If it wasn’t for Autos, retail sales...
What Does Wall Street Do for You?
I have been meaning to write this idea up for some time — I have discussed it in the media previously, but never really drafted a...
Banksters and Gangsters with Eliot Spitzer
Visit msnbc.com for breaking news, world news, and news about the economy Banksters and Gangsters with Eliot Spitzer January 11, 2012 I...
Thursday AM Reads
My early morning reads: • Trouble for ‘Big Crony’ (Clarion Ledger) • Why Narcissistic CEOs Kill Their Companies (Forbes)...
QOTD: Who Is Being Rescued
Never forget exactly who is being rescued by Central Bank/Political bailouts! Here’s a hint: It ain’t you or me:...
Economic data
Dec Retail Sales were light relative to expectations, rising just .1% m/o/m headline and falling .2% ex auto’s vs up .3% for both...
ETF Assets
Click to enlarge: The Financial Times – ETF glow fades for US investors A record number of new US exchange traded funds failed to...
Florida’s Foreclosure Crisis Is a Law UNEnforcement Issue
Earlier this week, we discussed whether Lender Processing Services deserved the “Corporate Death Penalty“. You can see all...