There’s a lot that the government’s stress tests won’t be able to answer. But there are three issues that stress tests will address. Economics editor David Wessel explains.
5/6/2009
Money is like manure. You have to spread it around or it smells. ~J. Paul Getty
According to the CFTC weekly data for the week ended Tuesday, net shorts in the euro fell by 38% from last week's record high and are now at a 6 week low. Net shorts in the pound moved up a touch to just shy of its record high. Net longs in the Australian$ rose to the most since May '08 and net longs in the Canadian$ rose to the highest since Nov '07. Gold new longs fell to a 4 week low. Net longs in crude rose 14% and are just 12k contracts from a record high dating back to...
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May 8th, 2009 at 1:59 am
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May 8th, 2009 at 11:53 am
[...] to Barry at The Big Picture for passing this [...]