CNBC: Shadow Fed/Economists Fishing Trip

Squawk Box will run a 4 part series on Grand Lake Stream trip this week. 4 Packages which Steve Liesman will wrap around, beginning at 7:15am, and then repeating throughout the week.  (I believe the full package will run sometime on Labor Day weekend)

The 1st installment of the Kansas City Shadow Fed/Maine Leen’s Lodge fishing trip will air Tuesday at about 7:15 am EST.

I had a long sit down with Steve  for part 2 and 3 — unshaven, unshowered, reeking of fish –  be happy its not broadcast in smell-o-vision.

It will be interesting to see what gets cut and what stays in  but you never know what ends up on the cutting room floor.

Tuesday – Friday

Part1: The forecast/results of the survey and an overall review of the trip

Part 2: fishing for answers to the credit crisis Part 1

Part 3: fishing for answers to the credit crisis Part 2

Part 4: The future of the banking system

Category: Media, Video

Feldstein: Low Rates May Not Boost U.S. Growth

Harvard University economist Martin Feldstein, a member of the committee that charts American business cycles, said the Federal Reserve cannot count on low interest rates to buoy economic growth.

"Lower interest rates are not going to get us anything more,” Feldstein, who retired in June as president of the National Bureau of Economic Research. The economy has really shown one sign after another of weakening.”

click for video

(why this sometimes works with on a Mac and sometimes not is beyond me)


Feldstein Says Low Rates May Not Boost U.S. Growth
Anthony Massucci and Kathleen Hays
Bloomberg, Aug. 21 2008

Category: Economy, Fixed Income/Interest Rates, Video

Take A Load Off Fannie

Interesting juxtaposition!

Hat tip:  A.Deluca

Category: Credit, Real Estate, Video

Bank Robbery

Category: Credit

Political Futures Markets on CNBC

How funny is this?

Cashing in on the Race:  The Intrade political futures market shows shares of Barack Obama has gone up nearly four points, with CNBC’s Scott Cohn   


click for video

One correction to the video: Intrade did actually have Biden as the top Veep pick

Category: Markets, Politics, Video

Market Selloff Due to Presidential Polls ?

Category: Markets, Politics

Existing-home sales drop 13.2% as prices fall 7.1%

Category: Real Estate

Money Markets Show Credit Crunch is Worsening

Category: Credit, Derivatives, Economy

Saving the Financials

Category: Credit, Derivatives, Economy, Valuation

Pawn Shop

Category: Economy