Bruce Krasting's blog
Tim's Out - Sheila and Debt Relief In?
Submitted by Bruce Krasting on 01/08/2010 14:24 -0500Something is going to happen with our pal Tim Geithner. My guess is that it happens sooner versus later. The White house chatter on this is just smoke. The question is, who is coming in and what might they do?
Fugly Farms Friday
Submitted by Bruce Krasting on 01/07/2010 17:43 -0500Dangerous to try to handicap this number. I have tried and failed. I'll try again.
SS Trust Fund - 2009 Full Year Results - Ugh!
Submitted by Bruce Krasting on 01/04/2010 22:21 -0500The 2009 calendar year numbers for the Social Security Trust Fund are in. These numbers confirm that the Fund is badly off track. Is there a fix to this systemic problem?
A "Tell" From Bernanke - Long Live the Carry Trade
Submitted by Bruce Krasting on 01/04/2010 08:41 -0500Bernanke gave us an insight into his thinking this weekend. If you think he is going to get tough this year with monetary policy you can forget it. The Carry Trade is alive and well folks....
Who Launched the USS Fannie Mac?
Submitted by Bruce Krasting on 01/02/2010 20:38 -0500Marla S. did a piece today about the Agencies that got me thinking. The story of the Battle Ship USS Fannie Mac and the terrible accident that occurred.
Central Bank "Speak" - Beware the Subtleties
Submitted by Bruce Krasting on 01/01/2010 16:45 -0500Funny how things can turn on a single word. Especially if that word is from a Central Banker.
Agency FICO Redline? - A Question to Ask
Submitted by Bruce Krasting on 12/30/2009 20:11 -0500A question to ask? Who knows, we may learn something. Blog economics.
What are We? - Stupid?
Submitted by Bruce Krasting on 12/27/2009 19:22 -0500The Treasury/FHFA announcements regarding the Agencies were bungled. I wonder if anyone is going to pay a price for this.
US Treasury - Deep Thinking?
Submitted by Bruce Krasting on 12/21/2009 21:10 -0500I stumbled onto something quite by accident. A window on how things get done?
Fannie's Christmas Present - A Delayed Repo
Submitted by Bruce Krasting on 12/19/2009 10:26 -0500Fannie offers up a lump of coal for the holidays.
Greece - A Line in the Sand?
Submitted by Bruce Krasting on 12/17/2009 10:41 -0500How big a deal is Greece? Potentially real big. This story has all the pieces for something to get out of control. If the potential for chaos exists, the markets tend to gravitate towards it. Every day we seem to get a bit closer.
CITI Secondary - A Busted Deal?
Submitted by Bruce Krasting on 12/16/2009 18:38 -0500The deal for Treasury to sell $5b of Citi common has been pulled at the last minute. The excuse is they did not like the price. Baloney!
CITI's Out of TARP!! - Not....
Submitted by Bruce Krasting on 12/15/2009 16:49 -0500Is Citi going to be out of TARP after completing the secondary it is trying to get done? No is the answer. But you could have fooled me.
Rex Tillerson's Carry Trade
Submitted by Bruce Krasting on 12/15/2009 07:50 -0500If the economy is to recover, the price of Nat Gas will have to move higher. Exxon bet a reasonable portion of the 'ranch' on gas with the XTO deal. I think it is a good bet. Exxon's good news is going to be bad news for everyone else. Same old, same old.
How to Triple Your Money in Just One Month!
Submitted by Bruce Krasting on 12/14/2009 10:57 -0500Someone is making big bucks on the continuing Dubai story. I wonder who that might be.
