Freddie’s Lawsuit Over LIBOR Manipulation May Be an Uphill Battle
When it comes to the LIBOR scandal, it was never a question of guilt. The issue has always been around methods for estimating damages. What...
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Friday: Chicago PMI, Consumer Sentiment
Three interesting reads... From Merrill Lynch on house prices: The momentum in home prices has continued to exceed even our bullish expectations. The S&P Case-Shiller...
Make It Three In The Row
U.S. stocks climbed for a third straight day today, allowing the Dow Jones Industrial Average to close above 15,000 again and sending the Standard &...
Don’t Beat Yourself Up
I didn't anticipate the magnitude of the liquidation phase in the bond market. I have thought that the 10-year yield should be below 2.5%. If...
Angry Bear on the Financial Times: Trends
I want to refer to an article that was in the global–the leading global financial newspaper The Financial Times last week by one of their...
Thursday Charts
Good morning. The dollar keeps rising against some of its counter parts like EUR and GBP, and there’s a good chance that it will continue...
“It is not inconceivable that by 2016 China will be importing nearly 2,000 tons of gold each year…”
Stacy Summary : h/t to @fiatcurrency for this story re Standard Chartered bank on China. As mentioned before, we saw the bank present to a...
Destruction of French Manufacturing Placed Squarely on Euro
Inquiring minds are digging into a 23 page report by Dr Eric Dor, Directeur IESEG School of Management, Université Catholique de Lille, regarding the consequences...
Chart of the Day: Surging Home Prices
The US real estate market continues to surge. For some perspective, today’s top chart illustrates the US median price (adjusted for inflation) of a single-family...
Trade Ideas For Thursday
ANGI – This one is waiting to make a YELP-like move, watch for a breakout on strength......