Saturday Linkfest “Wall Street is the only place where people who own Rolls Royce seek advice of the ones who travel to work by subway/local... Read More
How Not to Reduce Excess Reserves Here is something I never expected to be linking to on a Saturday afternoon, via the St. Louis Fed’s David C. Wheelock: How Not to... Read More
AIG Shares Soar on New CEO’s Bold Claims AIG shares soared over 21% on volume of nearly 132 million shares Thursday after new CEO Robert Benmosche halted the auction of the... Read More
The Statistical Recovery, Part Three The Statistical Recovery, Part Three Capacity Utilization Set to Rise A Real Estate Green Shoot? The Deleveraging Society Some Thoughts... Read More
Bad Bears or Road to Recovery? Congrats to Doug Short for being cited in today’ Barron’s. Mike Santoli mentions his 4 Bad Bears Market as an contrary... Read More
Jim Bianco on CNBC At the end of the interview, Jim raised some eyebrows by suggesting Bernanke would not be reappointed (see the last 30 seconds). This is... Read More
Existing Home Sales July Existing Home Sales, 85% of the housing market and a measure of actual closings, totaled 5.24mm annualized, 240k more than expected... Read More
Hitler Annoyed He Missed Bull Market Hitler becomes some what annoyed when he is informed that he has missed the Bull market. Read More
Friday 10 Spot Some afternoon reading for your pleasure weekend: • Corporate bond defaults hit record (FT) The number of companies defaulting on their... Read More