The Big Picture

Initial Jobless Claims totaled 621k, right in line with expectations BUT the main positive surprise was the 15k drop in Continuing Claims...

A 50 bps interest rate cut from Russia’s central bank and Latvia saying they will maintain their peg to the euro after...

Yesterday was the conference, and I have to say it was truly a fascinating day. The guest speakers were fantastic, and we got to hear...

The crowd has spoken — its open thread time — play nice! What say ye?

Via Morgan Stanley: The consensus is increasingly of the view that ‘Buy and hold is dead’… Bruised and battered by the steep...

On June 10, 2009, the Washington DC chapter of Professional Risk Managers International Association is holding an important event...

Bernanke’s testimony on the economy in front of the House Budget Committee strikes a similar tone as the previous FOMC statement...

The May ISM services index was 44, 1 pt less than expected but up a touch from April and is at the highest since Oct ’08. The...

I shot some videos a few weeks ago about Chrysler and Lehman Brothers from Bailout Nation, and they are now posted at Amazon: click for...

When will the economy improve enough to see employment start expanding ? via Jake