Greece
• The Financial Times – Greek cuts to be deeper than trailed Planned cuts to Greece’s public expenditure will be even deeper than...
European Crisis Monitor
Nice grouping from Bloomberg Daily Brief: Click to enlarge: Exports from the euro area to the rest of the world rose 12 percent in June...
FOMC to discuss again in Sept but more QE likely
From the FOMC minutes from the meeting 3 weeks ago: “Participants exchanged views on the likely benefits and costs of a new large...
Neil Barofsky at Big Picture Conference, October10th
click for embarrassing video Neal Barofsky couldn’t get a word in edgewise this morning on CNBC as Becky Quick and...
FOMC minutes will likely not tell which way
While we await the FOMC minutes from the meeting of 3 weeks ago to try to glean some clues on how the committee will act on Sept 13th, I...
Bearish On Stocks
Click to enlarge: CNBC – S&P 500 Facing 25% Drop Before US Election: Janjuah The S&P 500 is likely to fall by 20-25...
Japanese exports slump
BHP has halted its US$20bn copper/uranium development. The Olympic dam project is another example of declining investment in the mining...
10 Midweek AM Reads
As I await the sun burning off the morning mist, this is what I am reading: • Rich Chinese leaving the country, and why that matters to...