Thursday, August 18, 2011
Latest US Treasury stats...
Wednesday, August 17, 2011
Tuesday, August 16, 2011
Sunday, August 14, 2011
Saturday, August 13, 2011
Friday, August 12, 2011
SEC Makes S&P Downgrade Inquiries
The Securities and Exchange Commission has asked Standard & Poor's to disclose who within its ranks knew of its decision to downgrade US debt before it was announced last week, the FT reports.
Full Story:
http://www.cnbc.com/id/44099845
Retail Sales Rise 0.5%, The Biggest Gain Since March
US retail sales in July posted their biggest gain since March, tempering fears that the world's largest economy might be slipping back into recession.
Full Story:
http://www.cnbc.com/id/44117974
Thursday, August 11, 2011
Friday, August 5, 2011
Tweet from @kristinacooke
Tweet from @zerohedge
Wednesday, August 3, 2011
High Speed train wreck
 City Journal (@CityJournal)8/3/11 8:45 PM High-Speed Train Wreck: California's multi-billion-dollar bullet-train boondoggle was predictable--and predicted... http://bit.ly/q8UAuX |
John Hinderaker (Tweet from @RJCHQ
Inflate, or abdicate
To solve the European debt crises, Germany must suffer inflation – or leave the euro
http://blogs.telegraph.co.uk/news/danielknowles/100099448/to-solve-the-european-debt-crises-germany-must-suffer-inflation-or-leave-the-euro/
Layoffs in July
"Sudden And Unexpected" Burst Of Downsizing Causes Layoffs To Explode Nearly 60% In July
Private Sector Adds 114,000 Jobs, But Layoffs On the Rise
Private sector payrolls rose at a faster pace than expected in July, but a surprising increase in layoffs helped push the number of announced jobs cuts to a 16-month high, separate reports showed.
Full Story:
http://www.cnbc.com/id/44000051
Tuesday, August 2, 2011
Tweet from @mattyglesias
67th Consecutive Week...
Tweet from @Jeff_Jacoby
Will Fed Pump More Money as US Economy Sinks?
After the drama of the debt ceiling talks which went down to the wire, investors are now refocusing on the sharp slowdown in the US economy, as downgrades of historical growth estimates show how weak the recovery has been.
Full Story:
http://www.cnbc.com/id/43982149
CNBC.com Article: Tuesday Look Ahead: Markets May Put Aside Washington After Vote and Turn to Economy and Europe
More relieved than satisfied, markets will shift attention from Washington to the sluggish U.S. economy and Europe's debt problems.
Full Story:
http://www.cnbc.com/id/43980631
Tweet from @sanuzis
Monday, August 1, 2011
Fine! Call My Bluff!
bluff,"
Obama was admitting he was bluffing. Actually, his play was even worse than that. A bluff is a pretense. The bluffer knows he has a weak hand but bets as if he has a strong one in order to induce his opponents to fold. Obama had a weak hand but thought he had a strong one.
CBO confirms that debt-ceiling plan would cut $2.1 trillion
debt-ceiling compromise now slowly working its way through a political
minefield would cut deficits by at least $2.1 trillion over 10 years.
The finding, reported in a letter to Speaker John A. Boehner (R-Ohio)
and Senate Majority Leader Harry Reid (D-Nev.), is fresh ammunition for
supporters of the plan in the face of conservative opposition that the
spending cuts are too small.
More bad poll news for the President
More bad poll news for Obama as debt deal brings smiles to Capitol Hill