Via Scored It -flowchart/
End of Quarter Markup Fail
Have a look at today’s trading action: It appears that fund managers held all day, waiting for the traditional end of Q mark up....
Wall Street/Las Vegas Casino Banks
StereoHell/Imp Kerr, who did the fantastic illustrations for the Bailout Nation chapter titled Casino Capitalism, is showing the very...
Dark Cross History
Ron Griess of The Chart Store provides even more color on the history of the Dark Cross: > The Financial Press has been full of...
Austerians vs Keynesians: NYT Edition
The New York Time’s David Leonhardt has the perfect article for the layperson who wants to understand the current debate between...
Chicago PMI, we’ll take in line
The June Chicago PMI was in line with expectations at 59.1. While down from 59.7 in May and the recent high of 63.8 in April, it’s...
Bull Market Isn’t Dead Yet But “Cash Is Better Than...
~~~ Source: Bull Market Isn’t Dead Yet But “Cash Is Better Than Losing Money,” Barry Ritholtz Says Aaron Task Jun 30,...
June ADP report is lame
ADP said only 13k private sector jobs were created in June. Lame is the first word that comes to mind as it compares to expectations of...
Need vs Want
At the rate of 1% vs the 3 mo Euribor interbank rate of .76%, European banks borrowed 132b euros for 3 mo’s ahead of 442b euros of...
Economics is Easy; Comedy is Hard
About two weeks ago, Kartik Athreya, a researcher for the Federal Reserve Bank of Richmond, posted a diatribe about the difficulties in...