The fed funds futures thinks Bernanke will be all talk and no...
While the US$ caught a bid this week, albeit modest, in part due to Bernanke’s acknowledgement of it on Monday in terms of its...
HOW TO SING THE BLUES … by Stretch Melon Clinton
1. Most Blues begin, “Woke up this morning.” 2. “I got a good woman” is a bad way to begin the Blues, ‘less...
Nasdaq Capitalization as a % of GDP
Compared to historical norms, Nasdaq market capitalization is significantly above median levels relative to GDP. The Nasdaq’s...
Philly Fed survey
The Nov Philly Fed manufacturing survey was 16.7, 4.5 pts above expectations and up from 11.5 in Oct. It’s the highest since June...
Gramm: Glass Steagall Repeal Irrelevant
Phil Gramm, the former Republican Senator from Texas who co-wrote the act that undid Glass-Steagall, has our DQotD: > “I’ve never...
Crisis Porn: SocGen Says ‘prepare for ‘global...
As long as I am here in Europe, I might as well give you some flavor of what has become known as Recession Porn: The most dire forecasts...
Initial Claims flat but extended benefits rise
Initial Jobless Claims totaled 505k, in line with estimates and flat with a revised 505k last week. Continuing Claims, which covers the...
The US$ catches a bid
The US$ index is rising to a one week high and the US$ is also higher against emerging market currencies such as Brazil, Taiwan, and...
Volcker: Accounting Panel Needs to be Independent
Why aren’t we listening more to this font of common sense and logic? “A proposal to give banking regulators authority to...