Frontrunning: May 3

Tyler Durden's picture
  • Treasury Will Act to Avoid Default (WSJ)
  • Conservatives Romp to Crushing Canadian Election Win (Reuters)
  • China Housing Buyers Hang Back (Shanghai Daily)
  • Fed Says Banks Eased Terms as Loan Demand Rose (Bloomberg)
  • Morgan Stanley Joins Funds Buying Commodities As Goldman Sachs Says Sell (Bloomberg)
  • U.K. Manufacturing Index Dropped to Seven-Month Low in April (Bloomberg)
  • Global Standard on Banks’ Lending Risks Urged (FT)
  • New Bundesbank Chief Takes Helm (FT)
  • Swiss Freeze Gaddafi, Mubarak and Ben Ali’s Funds (FT)
  • Nations Brace for Retaliation (WSJ)
  • Pakistan Says Not Part of U.S. Operation to Kill bin Laden (Reuters)
  • South Korea Blames North for Cyber Attack (WSJ)
  • RBI hiked its repo rate by 50bps to 7.25%, reverse repo rate by 50bps to 6.25% - higher than expected


Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
JNM's picture

Canada just got more economically competitive! (Bitchez?)

Oh regional Indian's picture

Anyone experienced those eased bank terms for loans? Knowing that it is all happening in concert, here in india, you can get a loan to open any branded retail franchise just like that. Retail is hot even though the stores look pretty empty (except mass market retailers, who are mostly selling cheap chinese crap). You can get a car loan faster than you can say car or loan and all you need is three pay-slips. 

I feel like I'm back in the US in 2006, cheap credit everywhere.

But try raising money for something meaningful!! Like a business that might actually make something. 


zoogle's picture

Poop on the Bloc. It's about time those useless turdburglars got the boot. GO CANADA!