This page has been archived and commenting is disabled.

Frontrunning: April 8

Tyler Durden's picture





 
  • Jonathan Weil: How $1 trillion time bomb posts a phony profit (Bloomberg)
  • Jobless recovery becomes more jobless and less recovery: initial claims spike by 18k to 460,000, miss expectations by 25k (Bloomberg)
  • Ken Rogoff Op-Ed: Bubbles lurk in government debt (FT)
  • Investors playing defense heighten Greek debt woes (WSJ)
  • Early Easter boosts March retail sales (Reuters) as consumer buy trinkets with money saved from not paying mortgage or credit cards
  • With oil surging, the old merger rumor is back: US Airways, United in talks again and again (WSJ, Reuters); in the meantime US Airways prepares to allow standing-only passengers on its flights
  • Geithner travels to China bearing oilve branch (Bloomberg, Market News)
  • Bending, not bowing: the Chinese case for a stronger, suppler currency (Economist)
  • Paul Volcker, inflationist (IBD)
  • China is reportedly set to revise currency policy (NYT)
  • Miracle economy gives "pilot" lessons to bankers (Bloomberg)
  • The Community Reinvestment Act and the Economics of Lending in Lower-Income Neighborhoods (Cleveland Fed)
  • NYT editorial, so no surprise it smells like Krugman: We need to extend unemployment benefits (NYT)
 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 04/08/2010 - 09:10 | Link to Comment docj
docj's picture

Jobless recovery becomes more jobless and less recovery: initial claims spike by 18k to 460,000, miss expectations by 25k

The MSM of course reports this development as "unexpected" - which is rapidly becoming the single most overused word in the entire history of the English language.

Thu, 04/08/2010 - 09:19 | Link to Comment ZackAttack
ZackAttack's picture

I think the expecters we have really suck and we need new ones.  

Thu, 04/08/2010 - 09:30 | Link to Comment mark456
mark456's picture

Good linux hosting option package offered by ucvhost which not only provides the best in terms of hosting packages but also believes in truly being there for the customer, 24x7. cheap hosting Moreover , they offer unlimited bandwidth as well as nearly 1GB storage along with database maintenance, email facility along with storage, availability of sub domain and many other important features for a very low price. windows hosting Thanks forex vps

Thu, 04/08/2010 - 09:42 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture
Geithner, Wang Issue Statement

The U.S. Treasury secretary and China's vice premier issued statements saying the sides had exchanged views on bilateral relations and the global economy, but it didn't mention currency.

Currency?  Why would they talk about currency?

Thu, 04/08/2010 - 09:51 | Link to Comment docj
docj's picture

Oh, I'm sure they talked about currency, but my guess is that the conversation went something like this:

Turbo Timmy: I'd like to bring up the subject of currency...

< blatant political-incorrectness >

Chinese counterpart, interrupting: You no talk about our currency, and we no blow-up your 10-year bond auction, okey-dokey round-eye?

< /blatant political-incorrectness >

TT: Uh, okey-dokey.

Thu, 04/08/2010 - 09:56 | Link to Comment Dark Space
Dark Space's picture

You lose credibility by leading with a story by Weil - he has mastered taking MSM headlines, putting what initially feels like some tangible "deeper" research around them, but screwing up the facts in the process. So, it "sounds" good, but a critical read of his articles quickly reveal that there just isn't that much there.

Thu, 04/08/2010 - 10:32 | Link to Comment lsbumblebee
lsbumblebee's picture

Very interesting article at iTulip regarding the silver price manipulation:

http://www.itulip.com/forums/showthread.php?p=156095#post156095

Do NOT follow this link or you will be banned from the site!