Published on Zero Hedge (http://www.zerohedge.com)

Home > Blogs > CrownThomas's blog > ZH Evening Wrap Up 6/12/12

ZH Evening Wrap Up 6/12/12

By CrownThomas
Created 06/12/2012 - 18:54
CrownThomas's picture [1]
Submitted by CrownThomas [1] on 06/12/2012 18:54 -0500



 

 

Some headlines from today

- World bank takes a break from socialism class to put out a piece stating there could be years of volatility ahead if governments don't spend more -- nope, stop wondering why they would advocate that or blood will shoot out of your eyes [10]

- The world's other formal socialist central planner sticks its nose where it doesn't belong: IMF tells Japan to do something about their deflation... like print more to buy EFSF bonds? [11]

- Credit Agricole enjoys owning a greek bank - this one will need to go on the bad bank's balance sheet [12]

- As ZH has already pointed out: Why did the spanish bank bailout fail? subordination [13]

- Fed official Dan Tarullo says the shadow banking system needs tighter reigns... wink wink [14]

 

On a long enough timeline

*High volume day today, there are plenty of great pieces for you to check out outside of this list

- Your daily Biderman [15]

- The budget surplus miracle is over: May sees $125bn deficit (definitely will be covered by letting the Bush tax cuts expire though, so INBD) [16]

- Pento & Santelli on CNBC together: Why not let the free market work?... one can imagine the eye rolling taking place over at the #fastmoneydesk [17]

- Art Cashin predicts Ctrl+P, because he studied Bernanke's past [18]

- ZH breaks down PIMCO's TRF monthly update: hint he's buying more TSYs [19]

- Greek bank run update: 100mln - 500mln euros per day [20]

- What does european credit know that stocks don't? [21]

 

No audio today - grab a coffee & get reading

 

- advertisements -

Source URL: http://www.zerohedge.com/contributed/2012-06-12/zh-evening-wrap-61212

Links:
[1] http://www.zerohedge.com/users/crownthomas
[2] http://www.zerohedge.com/taxonomy_vtn/term/10319
[3] http://www.zerohedge.com/taxonomy_vtn/term/10741
[4] http://www.zerohedge.com/taxonomy_vtn/term/9344
[5] http://www.zerohedge.com/taxonomy_vtn/term/158
[6] http://www.zerohedge.com/taxonomy_vtn/term/8436
[7] http://www.zerohedge.com/taxonomy_vtn/term/11731
[8] http://www.zerohedge.com/taxonomy_vtn/term/9281
[9] http://www.zerohedge.com/taxonomy_vtn/term/9351
[10] http://online.wsj.com/article/SB10001424052702303768104577462592595250280.html?mod=WSJ_hps_LEFTTopStories
[11] http://online.wsj.com/article/SB10001424052702303768104577461901108678324.html?mod=WSJ_World_LEFTSecondNews
[12] http://www.bloomberg.com/news/2012-06-12/credit-agricole-seeks-an-end-to-its-greek-imbroglio.html
[13] http://www.ibtimes.com/articles/351398/20120612/spain-bank-bailout-fail-subordination.htm
[14] http://www.cnbc.com/id/47784789
[15] http://www.zerohedge.com/news/biderman-central-banks-end-they-will-get-what-they-deserve
[16] http://www.zerohedge.com/news/us-budget-surplus-miracle-over-125-billion-deficit-may
[17] http://www.zerohedge.com/news/why-would-politicians-allow-free-market-work-and-expect-be-re-elected
[18] http://www.zerohedge.com/news/cashin-bernankes-assumed-tactical-genius
[19] http://www.zerohedge.com/news/pimco-reports-first-treasury-holding-increase-2012-first-duration-increase-october-2011
[20] http://www.zerohedge.com/news/greek-bank-run-update-%E2%82%AC100-%E2%82%AC500-million-day
[21] http://www.zerohedge.com/news/what-does-european-credit-know-stocks-dont