10 Thursday AM Reads
Some morning reads: • Today’s WTF headline: Jim Cramer: Economy Set for a Long-Term Bull Run (CNBC) but see Tax changes loom,...
The Cleveland Financial Stress Index
A Tool for Monitoring Financial Stability To promote stability in a dynamic financial system, supervisors must monitor the system for...
Global growth concerns again/US stocks
The mood of the S&P futures changed at 10pm est last night after China reported the preliminary HSBC mfr’g PMI report which...
Look Out Below, Thursday Edition
click for updated futures > The year started out at a blistering pace. The Dow up over 6%, the S&P500 up 10%, and the Nasdaq up...
Is China’s Economy About To Slow Down?
Click to enlarge: Reuters – BHP Billiton sees China iron ore demand flattening Australian iron ore miners, key beneficiaries of...
Peak Imbalances Are Falling
Frederick Sheehan is the co-author of Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve. His new book, Panderer for...
Exodus at Merrill: BAC Plays Matador
The following comes from a senior long time Merrill asset manager, recently retired. You may assume he left on good terms, and that he is...