Frontrunning: February 24

Tyler Durden's picture
  • Gadhafi Flails as Libya Splinters (WSJ)
  • As reported on Zero Hedge two days ago... Libya placed billions of dollars at U.S. banks (Reuters)
  • Bullard Is ‘Bellwether’ as Fed Weighs Duration of Asset Buying (BusinessWeek)
  • Is Stevie Cohen the Feds' Moby Dick? (Reuters)
  • Those delusionary brits...Miles Says BOE Outlook Warrants ‘Very Gradual’ Rate Increase (BusinessWeek)
  • Bonuses on Wall Street Declined 8% in 2010, N.Y.'s DiNapoli Says (Bloomberg) The average Wall Street employee took home a cash bonus of $128,530 in 2010
  • Fleeing Egyptians Tell of Qaddafi's `Bloodbath' Across Libya (Bloomberg)
  • Senator Wyden's Son Starts Hedge Fund After D.E. Shaw Internship (Bloomberg)
  • Indian Rally Raises Pressure on Singh (FT)
  • Geithner Butt of Jokes No More as Money Man Now on Top (Bloomberg)
  • Berlin reinforces stance on eurozone rescues (FT)
  • Sex Ratio Does Magic in China Amid Egypt (Bloomberg)
  • Investors Should Use Oil Price Increase Wisely (CNBC)
  • EU Weighs Response to Migrant Influx on Libyan Unrest (Bloomberg)
  • Obama's Economic Report to Congress Says 2010 Marked Year of U.S. Recovery (Bloomberg)

European economic highlights:

  • Eurozone Consumer Confidence -10.0 - in line with expectations. Consensus -10.0. Previous -11.2.
  • Eurozone Economic Confidence 107.8 - higher than expected. Consensus 106.8 Previous 106.8.
  • France Consumer Confidence 85 - in line with expectations.Consensus 85. Previous 85.
  • German Q4 GDP Final 4.0% y/y 0.4% m/m - in line with expectations. Consensus 4.0% y/y 0.4% m/m. Previous 4.0% y/y 0.4% m/m.
  • Portugal Consumer Confidence -49.1.Previous 50.6.
  • Sweden Consumer Confidence 21.4 - lower than expected.Consensus 22.8. Previous 23.7.
  • Switzerland Employment 1.2% - in line with expectations. Consensus 1.2%. Previous 1.0%.
  • UK CBI Reported Sales 6 - lower than expected. Consensus 28. Previous 37.