Archive - Mar 12, 2013 - Blog entry
Quiet Day Prone To Rumors
Submitted by David Fry on 03/12/2013 19:03 -0500The only major news from overseas was from the UK where Industrial Production fell 1.5% leading many to worry the country would succumb to a triple dip recession. Naturally the pound (FXB) has been taking a beating with pundits recommending long euro short pound pair trade.
It was a boring enough day that the goings on in Rome caught my attention—a new candidate for pope and he’d be a refreshing change:
Want to Reduce the Debt? Cut the Billions a Year In Nuclear Subsidies
Submitted by George Washington on 03/12/2013 18:50 -0500We Could Offset the Need for the “Sequestration” Budget Cuts By Stopping Nuclear Subsidies
Even the CBO Snubs Ryan’s Budget Plan
Submitted by Bruce Krasting on 03/12/2013 12:30 -0500The Republican jerks have squandered an opportunity to come up with anything that is even remotely feasible.
Top American CEOs About Job Creation: Not Happening Here
Submitted by testosteronepit on 03/12/2013 12:07 -0500“We’ve become more concerned recently”
Is the UK Going Where Japan didn't Dare?
Submitted by Marc To Market on 03/12/2013 09:20 -0500The UK government appears to be contemplating changing the BOE's mandate so it can be freer tolerate greater near-term price pressures. The Tory-led government is commented to fiscal consolidation--austerity--the same kind of policies many want to see the US adopt, and needs greater monetary stimulus to avoid a deeper contraction in the UK economy.
Question for Liz Warren: How Many Subsidies Does a Zombie Bank Need?
Submitted by rcwhalen on 03/12/2013 08:03 -0500Yo Liz: Subsidies for the zombie banks total more than $3 annually for every dollar in income reported by the industry...
Chart of the Week: 10 Year Treasury Yields and Housing
Submitted by thetechnicaltake on 03/12/2013 07:50 -0500Chart of the Week Video: 10 Year Treasury Yields and Housing
