Bruce Krasting's blog
Hello, We Lost Track of $25 Billion?
Submitted by Bruce Krasting on 08/19/2010 21:06 -0500A billion here,25 billion there.
Let BABs Die
Submitted by Bruce Krasting on 08/15/2010 19:15 -0500Just another dumb program that puts cash in the big bank's pockets.
Ackman Suckers Fannie and Freddie?
Submitted by Bruce Krasting on 08/14/2010 13:42 -0500This story reminds me of the good old days. Deals get done for funny reasons.
Lender Liability at the FHA?
Submitted by Bruce Krasting on 08/11/2010 18:00 -0500There is no rule that has not been broken.
We're In A lot of Hot Water
Submitted by Bruce Krasting on 08/10/2010 21:03 -0500The water in the GoM is over 90 degrees. Usually that spells trouble.
Above Trend GDP Growth For Ever - SSTF
Submitted by Bruce Krasting on 08/09/2010 13:59 -0500Do believe this? How could you?
US Payrolls to Rise 1.1mm Per Month in 2011 – SSTF to Congress
Submitted by Bruce Krasting on 08/08/2010 19:37 -0500The Trust Fund report to Congress suggests that US payrolls are about to skyrocket. That is the least likely outcome. The rose is off the rosy report.
Rumors of News. News of Rumors.
Submitted by Bruce Krasting on 08/07/2010 08:09 -0500Washington is now in the business of spreading rumors relating to Wall Street. Just another example of how D.C. is taking the fun out of the game.
SSTF Annual Report to Congress – Advance Read
Submitted by Bruce Krasting on 08/04/2010 17:23 -0500The report due out from the SSTF will get a lot of press. SS is up for cuts and this report lays it out. But we will get a "sunny" picture. What to expect:
All 96 Cent Currencies go to a Dollar
Submitted by Bruce Krasting on 08/03/2010 16:49 -0500The EURDLR closed at 1.3225. Some blood on that price.
On the Mega ReFi Rumor
Submitted by Bruce Krasting on 08/02/2010 20:12 -0500It was a silly rumor. At least I thought it was. Now I am not so sure.
"Federal Debt and the Risk of a Financial Crisis" - CBO
Submitted by Bruce Krasting on 07/28/2010 14:04 -0500Another well timed report from the CBO. This time they crap on those who have been advocating sustaining the Bush tax cuts. Funny thing is, if we do eliminate those tax cuts we are in for a hell of a recession come January. Is that a no win?
Two Reports from CBO
Submitted by Bruce Krasting on 07/26/2010 20:06 -0500Not much in the markets to write about. I need a crisis. Waiting for that to happen I focus on the CBO.
