The Federal Reserve Bank of Philadelphia today released the leading indexes for the 50 states for April 2012. The leading indexes are a six-month forecast…
AFPOil Near Six-Month Low on Economy; Brent Premium NarrowsBloombergOil traded near the lowest price in more than six months and was headed for its third weekly decline in New York on concern that demand will falter as Europe's debt crisis worsens …
Worsening financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing…
The 1st Q reserve numbers for the Swiss National Bank tell an interesting story. For a second quarter in a row, the foreign reserves have declined.
There is only one way that this could have happened; the SNB offloaded a portion of the EURCHF posit…
AFPNewspaper circulation inches higher, ABC saysLos Angeles TimesThe Audit Bureau of Circulations says the Wall Street Journal continues to be No. 1 in daily newspaper circulation. Online readership continues to grow. Associated Press US newspaper circ…
Tenneco profit falls 36% on refinancing chargesMarketWatchBy Kristin Jones Tenneco Inc.'s (NYSE:TEN) first-quarter earnings fell 36% as refinancing charges masked a jump in the company's core North American sales. Tenneco, which makes emission-…
The ‘risk off’ trade is commanding the markets. A subtle, but interesting example is the EURCHF.
For four days the EURCHF has held to 1/8th percent away from the official 1.2000 peg. It sits at 1.2016 as I write.
Wherever you look, from China to…
Instead of just swallowing Ministry of Propaganda swill, let’s examine actual data. If we do that, we find job growth is mostly smoke and mirrors.
The Ministry of Propaganda and its media minions are announcing that “job growth is on a tear” and…
The Yale School of Management regularly surveys individual and institutional investors on their stock market crash confidence. Specifically, they ask the survey taker how confident he/she is that the there won’t be a stock market crash within the ne…
January 9, 2012
Investors Pay to Lend to Germany, Want More From France
By REUTERS
BERLIN (Reuters) – Investors paid to lend Germany a combined 3.9 billion euros (3.2 billion pounds) for six months on Monday, accepting a loss in a renewed flight to …
