False Economy
By Barry Ritholtz - July 16th, 2009, 11:15AM
Visit msnbc.com for Breaking News, World News, and News about the Economy
Every day I get up and look through the Forbes list of the richest people in America. If I'm not there, I go to work. ~Robert Orben
Macro Notes
CFTC data, euro net shorts fall 38%Peter Boockvar
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...
read more »
The Big Picture is proudly powered by
WordPress
Entries (RSS) and Comments (RSS).
© Copyright Ginormous Content Limited 2010. All Rights Reserved.
Entries (RSS) and Comments (RSS).
© Copyright Ginormous Content Limited 2010. All Rights Reserved.
July 16th, 2009 at 1:46 pm
Pat Buchannon is a blowhard, very in love with himself. Should be on CNBC with others like him.
July 16th, 2009 at 5:12 pm
Pat epitomizes the concept of American exceptionalism.
He is the political equivalent to the faux economist Larry Kudlow.