Archive - Jul 19, 2012 - Blog entry

EconMatters's picture

Forget Libor-gate, Oil Market Manipulation Is Far Worse





Consumers are paying an easy $35 dollars per barrel over what they would otherwise dole out for a barrel of oil if fund managers didn`t use the benchmark futures contracts as their own personal ATMs.

 

williambanzai7's picture

ReGaRDiNG CiTiZeN BaiN...





"We've given you people all you need to know..."--Ann Romney

 

AVFMS's picture

19 Jul 2012 – " One Bourbon, One Scotch, One Beer " (John Lee Hooker, 1966)





Still the divergent world views between equity and rates as during the last days.

EGBs better supported. Equities, too…

Spain held so so today, did overshoot 7%, but closed back below. The level itself is just symbolic; we all know…Fact is, Spanish funding is a costly thing.

Credit feeling slightly heavier than equities.

 
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