European markets continue to show their comfort with the results of the bank stress test. Spain sold 3 month and 6 month bills at yields...
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We interrupt the George Bush reputation rehabilitation tour for this brief reminder: “For most of the past 70 years, the U.S....
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This past year or so, I have been in several dozen airports: Austin TX Bangor, ME Boston, MA Chicago Midway, IL Chicago O’Hare, IL...
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Ahhh, good to be back in the saddle after a week away. Quite a few very worthwhile reads crossed my desk today: • Treasuries at Odds...
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Last month, when new home sales fell 33%, I warned investors that “This data series is notoriously noisy, and you are must better...
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Legg Mason’s Michael Maubossin looks at the difficulties in untangling outcomes that are based on skill or luck or both as applied...
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Interesting chart that Macro Market Musings calls “The Revenge of the Balance Sheets.” Each of our double peak in assets...
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June New Home Sales, a measure of contract signings of new homes and thus post tax credit, totaled 330k, 20k more than expected but May...
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~~~ Source: Bernanke’s ‘Bullets’ are Blanks, Mark Dow Says: “The Fed Is Pushing on a String” Aaron Task...
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