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Frontrunning: February 14
- Budget Forecasts Bigger 2011 Deficit (WSJ)
- Geithner Tells Obama Debt Expense to Rise to Record (BusinessWeek)
- Hussman: Rich Valuations and Poor Market Returns (HussmanFunds)
- Amazon.com said it is closing Irving facility, will not hire 1,000 people in retaliation over sales tax issue (DallasNews)
- China in talks over Panama Canal rival (FT)
- Rising China Bests a Shrinking Japan (WSJ)
- In placing stock bets, listen to the shorts (Reuters)
- Rallies Draw Crowds against Berlusconi (FT)
- Roubini’s Next Crisis Is Scary Food for Thought (Bloomberg)
- Egypt Army Suspends Constitution, Meets Protester Demand (Bloomberg)
- Not Too Big to Fáil - The death of Ireland’s crony capitalist party (Weekly Standard)
- Taking the Government Out of Housing Finance: Principles for Reforming the Housing Finance Market (AEI)
- Wilkommen zur Wall Strasse (Barrons)
- Cable Sides with BOE `Doves' on Inflation, Calls Rate Increase 'Difficult' (Bloomberg)
- Consumer and Business Spending to Spur Expanding U.S. Economy (WSJ)
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Looks like the Baltic Dry Index didn't make it down to 3 digits this time then.
Is there a POMO today?
happy valentine, tyler(s) and all!
Why do people are about BDI?
not much out today, it's gonna be a quiet one! here's our own morning recap: http://www.hedgefundlive.com/blog/not-much-out-today-so-expecting-a-quiet-monday-session
Schocker
Arcade Fire wins Grammy's Best Album
Has Death To The New World Order Gone Mainstream?
Arcade Fire "The Suburbs" music vid directed by Spike Jonze:
http://www.youtube.com/watch?v=5Euj9f3gdyM
And the recovery shines on:
"Wal-Mart Stores Inc. was downgraded to Neutral from Overweight at JPMorgan as analyst Charles Grom said there is no positive catalyst on the horizon to push the stock out of its more than 10-year US$45-$60 trading range."
http://business.financialpost.com/2011/02/14/wal-mart-downgraded-no-cata...
Love Arcade Fire! Agree interesting winner.