A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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http://www.ft.com/cms/s/0/0cf3791e-fbfd-11e0-b1d8-00144feab49a.html#ixzz1beXMzM4O
US Treasury considers floating rate new debt security
The US Treasury and Wall Street dealers are set to discuss whether to introduce a new debt security to help fina...
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SEPTEMBER 8, 2011, 6:58 A.M. ET.
FOREX FOCUS: Unleashing The Dogs Of Currency War
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-- As new safe haven, Norway already threatening rate cuts
-- Slower global growth will put exporters under pressure
-- Other countries will want to be more compe...
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Sovereign Debt ... no grace period for 2011 ... this is front-and-center, now.
Portugal's 10-yr cracked 7+% ... if no eurobond solution soon, this should blow wide open, panic selling, collateral mark-downs ... contagion writ large.
This has the pote...
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Like the internet, finance would benefit from redundancy, and competition, not just in the sense of distributed shareholdings (which is already the case) but viewpoints (which is not helped when directors merely “rubber stamp” CEO opinion, and Fed, Treasury, and other financial regulatory officials are always on loan from GS and the rest of Wall Street)....
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Month to date tax receipts are now in for the entire month of December. They’re down 7.7% from December 2008, which is exactly the same rate of decline as November’s. We know that the TBAC and Treasury officials were not anticipating that in their debt sales forecast for the first quarter. They had assumed...
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