Less Awful Economy = Good Day for Markets
Good Evening: The first day of April picked up where March left off and stocks enjoyed another solid day. The proximate cause of...
West Coast Open Thread
Long day ! Virgin America was interesting — nice plane, but no internet access, no TV, and my power plug didn’t work....
SEC Examining Oversight of Credit Rating Agencies
Looks like an interesting panel — anyone near D.C. on April 15 should consider going . . . 10:10 a.m. — Panel One: Current NRSRO...
PBGC — Lessons Learned From a “Federal...
Good Evening: Stocks rallied back to recoup some of yesterday’s losses and exited the month of March with the best monthly gain in...
Obama: Bankruptcy Best Option for GM, Chrysler
Wow: President Barack Obama has determined that a prepackaged bankruptcy is the best way for General Motors Corp. to restructure and...
100 Days from Major Troughs
Credit Suisse Fixed Income Group noted the diversity of performance around the first 100 days of major market lows in US equities. The...
NBER: Household and NFP Differences Are Cyclical
Shorter version: When the NonFarm Payroll outperforms the Household Survey, its an economic expansion; When HH survey outperforms NFP,...
Case Shiller Index Falls 19%
The Case Shiller 20 city Home Price Index fell 18.97% y/o/y — the rate of decline is the most in this cycle. Both on a y/o/y and...