U.S. Skating On Thin Ice
By Barry Ritholtz - September 18th, 2011, 1:30PM
Source:
Economist: U.S. Skating On Thin Ice
NPR, September 17, 2011
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"Money is power, & you ought to be reasonably ambitious to have it." —Russell H. Conwell, Temple Univ, 1877
Macro Notes
“It’s the end of the world as we know it and I feel fine”Peter Boockvar
"It's the end of the world as we know it and I feel fine" say the French as consumer confidence in May rose to the highest since Nov '10 as they welcome and get excited about new Pres Hollande. Also, the French 10 yr bond yield touched the lowest on record this morning. June consumer confidence in Germany held at 5.7, just .2 pts off the highest since Mar '11. To the euro bond debate which is now taking on greater rhetoric with those with high bond yields wanting them and those with low ones saying no way, ECB member...
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