Archive - Jan 28, 2013 - Blog entry
LEAKED: Mario Draghi And His Triumvirate Shut Up German Finance Minister To Keep Cyprus From Blowing Up The Eurozone
Submitted by testosteronepit on 01/28/2013 20:40 -0500The state-sponsored chorus about the end of the debt crisis in the Eurozone has been deafening.
HLF Data -&- FX Confusion
Submitted by Bruce Krasting on 01/28/2013 19:45 -0500Icahn was just blowing smoke.
Government to Dispose of Radioactive Waste By Putting It In Our SILVERWARE
Submitted by George Washington on 01/28/2013 18:10 -0500Department of Energy Wants to Let Radioactive Scrap Metal Back into Consumer Products
A Professor, a Whistleblower, and Ethics For Quants
Submitted by clokey on 01/28/2013 11:37 -0500On December 7, I published an article entitled “Deutsche Bank: Explaining The $12 Billion Loss That Never Was.” The piece outlined a series of complaints filed by former Deutsche Bank employees. One of those employees, Matthew Simpson, claimed to have discovered “substantial anomalies” in the firm’s credit default swap book while working at Deutsche’s credit correlation desk. Deutsche -- of course -- denied the allegations but did fire a top derivatives trader after an internal investigation into the matter and ultimately paid $900,000 to settle a related SEC whistleblower case filed by Simpson. Reuters broke Simpson’s story in the summer of 2011.
Cane the Bankers?
Submitted by Bruce Krasting on 01/28/2013 11:02 -0500A billion folks in the west would be quietly applauding....
I Don't Think Facebook Investors Will "Like" This!!! Google Has Already Caught Up In Terms Of Active Users
Submitted by Reggie Middleton on 01/28/2013 09:28 -0500That didn't take long, did it? I guess it's bullish when your most dangerous competitor catches up to you in customers BEFORE you've fully developed your business model or method of monetization, right???!!!
The Explanatory Power of Interest Rate Developments
Submitted by Marc To Market on 01/28/2013 08:42 -0500There have been some important developments in the interest rate differentials that help explain recent price action in the foreign exchange market. It is not simply rhetoric weighing on the yen, for example. Japanese 2-10 year interest rates remain softer on the year and over the past three months, while monetary conditions have tightening in Europe and US 10-year yields are higher.
Contours of the FX Market in the Week Ahead
Submitted by Marc To Market on 01/28/2013 06:20 -0500An overview of the fundamental determinants of the foreign exchange market in the week ahead. I look beyond the official rhetoric at what is pushing the yen lower. I also discuss the tightening of European monetary condition. In addition, there is a brief discussion of the key US events this week: the FOMC, Q4 GDP estimate, and US jobs report.
