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...
View ArticleUK 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...
View ArticleDiscretionary 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...
View ArticleMore 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...
View ArticleFriday 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...
View ArticleMonday/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 –...
View ArticleFriday 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...
View ArticleMonday 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...
View ArticleRosenberg 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 …...
View ArticleNews 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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