Obama or Obernanke speaks. You can bank on it.
….all bears line up for castration and cauterize.
BUSINESS SEPTEMBER 19, 2010.
Bond Markets Get Riskier
Demand for High-Yield Junk Bonds Boosts Prices
By CARRICK MOLLENKAMP and MARK GONGLOFF
Bond markets are growing riskier as investors seeking steady returns bid up prices and ignore some early …
I like correlation charts. They often tell a story about how certain economic series relate to the stock market, and to one another, often leading to the age old chicken-egg question. One thing is for sure. The stock market is not a leading indicator. …
Rock bottom mortgage rates aren’t helping the housing market. The NAHBs builder survey numbers were horrible. Current sales were rated at 13 on a scale of 100. Anything below 50 means that the builders say that business sucks. But get this. The “Traffi…
The Fed just bought another $5.2 billion of Treasuries.
WSJ National Bureau of Economic Research declares the recession officially ended in June 2009. http://wsj.com
Reuters_Biz U.S. recession ended June 2009: NBER http://dlvr.it/5bHkJ
CNNMoney The longest recession since World War II, 18 months long, e…
He’s a secular fire and brimstone preacher. Makes his living just like ‘Teardrop’ Beck and Rusty Limo.Same religion, different denomination. Oh well, that’s entertainment.
LOL. MY bailout good. YOUR bailout bad.
Charlie Munger On His Bailout and Your Need to Tighten Your Belts
September 19, 2010
For the Unemployed Over 50, Fears of Never Working Again
By MOTOKO RICH
VASHON ISLAND, Wash. — Patricia Reid is not in her 70s, an age when many Americans continue to work. She is not even in her 60s. She is just 57.
But four ye…