My longer form weekend reading: • Libor Scandal Is No Match for Its Medieval Precedent (Bloomberg Echoes) • Ye olde (ironic)...
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Key Data Points German 10-year bund 3 bps higher; France 10-year 14 bps tighter to the Bund; Italy 42 bps wider; Spain 8 bps wider;...
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Succinct summation of week’s events: Positives: 1) Draghi follows up last week’s call to arms with more color on what...
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I tend to like the idea of Keynesian counter-cyclical spending, but I have to admit this is amusing: Hat tip...
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MarketWatch – Investors win as ETF wars heat up The ETF wars are once again heating up to the benefit of everyday investors....
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Whenever I have no idea about some event, rather than hypothesize some half-assed theory, I prefer instead to go to the pros who know...
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The ISM services index in July was 52.6, a touch above expectations of 52.1 and an increase from 52.1 in June which was the weakest since...
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This time ADP (said 163k jobs added) had it right as July private sector payrolls gained 172k with the headline figure up 163k. The...
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Click to enlarge: The Financial Times – Gillian Tett: The Achilles heel of America’s financial system What is the weakest link in...
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Here we are, teeing up another Non Farm Payroll report. Consensus is for 95,000 jobs — a mediocre number, one in context with the...
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