Sep 30, 2011
The American dream, interrupted
By Dinesh Sharma
The American century seems to come to a sputtering halt on August 5, when its credit-rating was downgraded for the first time since 1917 by Standards and Poor’s.
“What just happened?”…
During QE2, the Fed’s purchases of Treasuries covered virtually 100% of new Treasury supply, freeing up cash that allowed the Primary Dealers (PDs) to speculate…
Awful quarter for Wall Street may be only the beginning
On Friday September 30, 2011, 4:50 pm
By Ryan Vlastelica
NEW YORK (Reuters) – This past quarter was miserable for bullish U.S. stock investors. The bad news is, things may get worse before they …
Foreign central bank dumping of Treasuries and Agencies reached record levels this week, far beyond anything seen in the 9 years since I started tracking…
Global conomy weekahead: From a soft patch to quicksand
By Emily Kaiser, Asia conomics Correspondent | Reuters – 3 hrs ago
– The global conomy was supposed to be better by now.
Just a few months ago, the prevailing wisdom was that growth was going …
Goldman Sticks With ‘Resilient’ Commodities on Supply Risks
By Tony C. Dreibus – Sep 22, 2011 1:02 PM PT
Goldman Sachs Group Inc. (GS) said investors should keep buying commodities because “supply disappointments” will support prices even as t…
..Apocalypse Now? Markets Tumble as Europe Approaches “Tipping Point”
..By Aaron Task
Global stocks and commodities tumbled Thursday amid a string of disappointing conomic reports and fears of meltdown in Europe’s banking system.
“The rapidly bu…
This is not helping French bank stocks today.
PIMCO’s Mohammed El-Erian has a dramatic post up at FT on the various signs of trouble in French bank land.
You have reports of banks not trading with French banks. You have equity prices at 50-% of bo…
Cramer: Sovereign Crisis Impact Overblown?
09/19/11 – 11:33 AM EDT
NEW YORK (RealMoney) — Some things never get old, or discounted for that matter. That’s how I am feeling about the sovereign debt crisis.
You put it past you for a couple of days an…
Dr. Doom has given up hope for Greece
. In an FT piece, he says it’s time for Greece to default and abandon the euro.
The basic idea — which he outlined in a research piece a piece on Friday — is that Greece under the euro will lead to years and …
