Dimon: “Unlike My Opponent, I Won’t Bring Up...
Allow me to seek advantage from a competitor’s woes by declaring I would never seek to gain advantage from a competitor’s woes. In an...
Weekly Eurozone Watch: Bund Yield +25 bps, Tighter PIG
Wow! When was the last time Portugal, Italy, and Greece sovereign spreads tightened this much in one week? Spain remains a concern,...
Political infighting in China – Mr Bo sacked
Hi there, The removal of the Mr Bo Xilai suggests that the Communist Party is opposed to any particular individual seeking populist based...
To Hell with the Rumor, Sell the News (Bear Collapse)
Nice simple set of data showing the change in prices from March 16, 2008 — the day Bear Stearns went belly up — to today,...
NASA | Evolution of the Moon
rom year to year, the moon never seems to change. Craters and other formations appear to be permanent now, but the moon didn’t...
Succinct Summation of Week’s Events (March 12 2012)
Succinct summation of week’s events Positives: 1) Initial Jobless Claims fall to 351k, matching the lowest level since Mar...
Overvaluing Residential Properties and the Growing Glut of REO
Thomas J. Fitzpatrick IV and Stephan Whitaker Swelling REO inventories are the latest fallout of the housing crisis, costing lenders...
Economic data
Feb CPI rose .4% headline, the most since April but in line with expectations. The core rate was up .1%, below the estimate of .2%. The...
10 Friday AM Reads
My morning reading material: • Paving Path to Fraud on Wall St. (NYT) see also More Than Culture Shifted On Wall Street (WSJ) • Is...