Newsclips
Cartoons
December 24, 2010
None today
None today
Real Time Economics (WSJ Blog) – Jon Hilsenrath:Is the Fed Printing Money? In an exchange with readers on Time magazine’s website this past weekend, a reader asked Mr. Bernanke why the Fed is creating dollars “out of thin air.” Mr. Bernanke said it wasn’t. “These policies are not leading to increases in the amount of… Continue reading Jon Stewart For Federal Reserve Governor
The Wall Street Journal – Chapter 9 Weighed in Pension Woes Though bankruptcy law remains murky on how far a city or town can go in scrapping deals for current retirees, cases like Prichard and other workout efforts stand to reshape the debate over how local governments deal with mounting public-pension problems. The stakes are… Continue reading Discussing Muni Defaults
Bloomberg Businessweek – Bond Fund Investors Pulled Out Most Money in Two Years Last Week Bond mutual funds had the biggest client withdrawals in more than two years last week as a flight from fixed-income investments accelerated. U.S. bond funds experienced withdrawals of $8.62 billion in the week ended Dec. 15, up from $1.66 billion… Continue reading Is This The Start Of The Great Bond Exodus?
<Click on picture to watch video> Comment Jim Bianco was on Fox Business discussing the state of the credit markets (which was detailed here) and an open letter he signed with 53 others asking for national loan servicing standards. To view the interview click on the picture above. To view any of our recent interviews… Continue reading National Loan Servicing Standards
<Click on chart for larger image> The Wall Street Journal – Japan Shows Trials of Escaping a Post-Bubble Funk Japan is a puzzle—and not only to foreign visitors who wonder how a stagnant economy can feel so prosperous. Academics wonder how Japan avoided the deflationary spiral their theories predicted and, instead, suffered only a decade… Continue reading Everyone Hates Japan, Time To Buy?
Comment Sassan Ghahramani of our affiliate SGH Macro Advisors was on CNBC discussing the Fed survey and what’s next for the Federal Reserve. To view the interview click on the picture above.
Housing Wire (blog) – CBO: Private-label MBS would have rebounded faster without Fannie, Freddie The private-label, mortgage-backed securities market would have rebounded faster from its near extinction during the financial crisis but was hindered by the growing reach of Fannie Mae and Freddie Mac, according to a new analysis from the Congressional Budget Office. With… Continue reading Did The Bailouts Make Things Worse?
The Wall Street Journal – Ireland Recapitalizes AIB by €3.7 Billion Ireland’s Finance Minister Brian Lenihan Thursday announced plans to recapitalize Allied Irish Banks PLC by €3.7 billion ($3.93 billion) to meet the financial regulator’s year-end capital requirements, effectively making it the fourth Irish lender to be nationalized. Allied Irish Banks already received €3.5 billion… Continue reading Another Bank Bailout
Miyanville – The Year’s 10 Funniest Moments in Business and Finance ‘Tis the season for year-in-review stories. Here’s our contribution to your reading and viewing lists: a look at the funniest moments in business and finance. Check out our picks.
None today
Charts of the Week Topics Covered This Week Include: Buying The Muni Selloff That Has Not Happened The State Of Credit – 1 The State Of Credit – 2 Europe CDS Update Yields, Real Yields And Inflation Breakeven Rates 10-Year TIPS Breakeven Inflation Rate Partial Contribution Of Inflation Expectations Still Near Zero Sentiment Indicators –… Continue reading Untitled