Frontrunning: December 17

• 2010 in Review (BusinessWeek)
• Ron Paul Appears Poised to Irk the Fed Chief (NYT)
• EMU’s Critics Will Eat Their Words Again (by Klaus Regling, Chief Executive of the European Financial Stability Facility (FT)
• EU Leaders Create Debt-Management Mechanism From 2013 (Bloomberg)
• PBOC's Zhou Indicates Global Turbulence Is Delaying Chinese Move on Rates (Bloomberg)
• Bailout Deal Fails to Quell EU Rifts (WSJ)
• Bullishness now at disturbingly high levels (MarketWatch)
• Banks Urged to Use Profits as a Buffer (FT)
• Japan Shipbuilders Take More Orders in Dollars (WSJ)
• IMF Board Approves $29.7 Billion Loan for Ireland to Help Stem Debt Crisis (WSJ)
• Roubini Sees Politics Curbing Further Fed Asset-Buying Rounds (Bloomberg)
• ...And Krugman - Wall Street Whitewash (NYT)

European Economic Highlights

• France Business Confidence Personal Production Expectations for December 8 Previous 11.
• France Business Confidence General Production Expectations for December 10 Previous 8.
• France Business Confidence Manufacturing Industry Sentiment Index for December 103 higher than expected. Consensus 102.Previous 100.
• Norway Unemployment Rate for December 2.7%-lower than expected. Consensus 2.8%.Previous 2.7%.
• GermanyIFO Business Climate 109.90 higher than expected.Consensus 109.0.Previous 109.3.
• GermanyIFO Current Assessment 112.90 higher than expected.Consensus 112.5.Previous 112.3.
• GermanyIFO Expectations 106.9 higher than expected.Consensus 106.0.Previous 106.3.
• Italy Industrial Orders for October 0.0% m/m 12.4% y/y lower than expected. Consensus 0.6% m/m 16.0% y/y.Previous -1.2% m/m 17.9% y/y.

Comments

[Steak]

stressful morning?  something for your ears

Artist of 2010 - Arty

http://www.youtube.com/view_play_list?p=59866B8C070FA64C