Today’s durables goods report was the latest in a string of macroeconomic disappointments over the last few weeks. This phenomenon is most easily seen by the following chart of the Citigroup Economic Surprise Index, taken …
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NYT FRANKFURT — Mario Draghi, the president of the European Central Bank, laid the groundwork for a more aggressive response to the debt crisis Thursday, suggesting that the bank could increase its support for the …
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NYT FRANKFURT — Banks clamored for emergency funds from the European Central Bank on Tuesday, borrowing the most since early 2009 in a clear sign that the euroregion’s financial institutions are having trouble obtaining credit …
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Reuters China’s economic expansion slowed in the third quarter to its weakest pace since early 2009, but core domestic drivers of growth remained robust, suggesting little chance that monetary policy can be relaxed near term. …
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Seeking Alpha Friday’s Economic Calendar 9:55 Reuters/UofM Consumer Sentiment 10:00 Leading Indicators 10:30 ECRI Leading Index DShort The S&P 500 dropped from its mid-day highs to a low within a few basis points of its …
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Article below in today’s New York Times Business Section reinforces a lot of the reasons why I am short JPM, and have been GS and will remain short the sector until they get washed out …
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