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News roundup

Here are some of the things that happened while I was gone for most of the day: The United States GDP report came out today and it was better than expected, though still a contraction – unchanged from...

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UK contraction slower, Japan unemployment worst since WWII, EEurope rebounds...

Those are just a few economic stories for today (more coming out later). Predicted to contract at 0.8%, the UK economy shrank slightly better by 0.7% increasing hopes that a positive rebound may happen...

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Discretionary headed towards a pick up?

This chart from Bloomberg suggests we might see a pick up in demand for the consumer discretionary items after spending dropped for several consecutive quarters.  The proportion of income spent on...

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More on market rally ending

It’s becoming a regular in major newspapers.  Everyone’s just talking about how the markets have gone up so much so fast and a (steep) correction’s just lurking around.  A piece from the NYT names...

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Friday reads

Top 25 Warren Buffett Quotes – Market Folly Darling Rejects OECD Recession Claims – Guardian Bernanke: Greenback’s New Father – NYT SEC’s Latest Plan To Step Up Game – Dealbreaker How Did Economists...

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Monday/Tuesday reads

It slipped my mind to publish the list of links I made yesterday. Oops. Today’s links first: A Breakdown on Handling Big Failures – NYT India and China Cross Border Global M&A Increases –...

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Friday reads

Some of today’s headlines: France Sets Carbon Tax at €17 a Ton - NYT Geithner Says Bailout Programs Are Shrinking – NYT Bloomberg May Bid for BusinessWeek – WSJ Delta in Talks to Buy JAL Stake – WSJ In...

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Monday reads

Some headlines for today: Cadbury Attacks Kraft Takeover Offer – Guardian EU Sees Growth Returning in Third Quarter – FT Investment Banks Enjoy Bond Boom – FT China-US Trade Dispute Has Broad...

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Rosenberg believes in a V-shaped recovery

Indeed. He has joined the camp of believers who thinks recovery would be in the form of the letter V. He came out today with a special report on this.  By the way, V is not simply a reference to …...

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News 11/25

This is another one of those once-in-a-blue-moon updates I get to do in this blog. Probably nothing substantial, just an attempt to get me worked up into doing this again after a long hiatus. — So the...

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