Q2 GDP soft as expected
US Q2 GDP grew 1.5%, about in line with expectations of 1.4% with a price deflator of 1.6%. Nominal GDP was up 3.1% vs expectations of...
Bundesbank tries to spoil the party, as usual – ignore them
Italian July business confidence fell to 87.1, down from a revised 88.7 in June and much weaker than the forecast of 88.4; Spanish 2nd Q...
The Amazing Irreversible Euro
Click to enlarge: The Telegraph – The euro is “irreversible” and not in danger, says Draghi The euro is “irreversible” and the...
What’s definition of ‘within its mandate’ ?
If there was one thing we were waiting for yesterday after the ECB’s Draghi and Noyer told Europe that they’re here to help,...
Banking Titans Call for Break Up of “Too Big to Fail”
Numerous Top Bankers Call for Break Up of Giant Banks. The following bankers are calling for the big banks to be broken up: -Former...
Fed: Independent from Congress … or from the American People?
Fed “Independence” Is a Scam … And No Reason to Prevent a Full Audit Congress will vote tomorrow on auditing the Federal Reserve....
Repurchase Liability Arising out of Mortgage Securitizations
Manal Mehta Sunesis Capital notes: O’MELVENY (BAC’s LAW FIRM) CLIENT ALERT–>SYNCORA LOSS CAUSATION DECISION...
