by Bryan Rich on May 19, 2009
in General
Key News
*U.S. Housing Starts Drop on Apartments, Condominiums (Bloomberg)
* IMF’s Lipsky Warns Against Complacency on Economy (Bloomberg)
*Despite Oil Reserves, Norway Slips Into Recession (NY Times)
*Goldman, Morgan Stanley ask to repay TARP funding (MarketWatch)
The Event Agenda
The Morning Run-Down
After Friday’s break down in stocks and in the risk trade, this week, it’s more optimism. Goldman, JP [...]
by Bryan Rich on May 11, 2009
in General
Key News
*Dollar and yen rise on move toward safety (MarketWatch)
* Trichet Says Global Economy Is Near Turning Point (Bloomberg)
*HSBC Says 2009 Will Be ‘Tough’ as U.S. Bad Debts Rise (Bloomberg)
*Latvian GDP Shrank 18% in First Quarter, EU’s Biggest Fall (Bloomberg)
The Event Agenda
The Morning Run-Down
The markets this morning are giving back some of the exuberant [...]
by Bryan Rich on May 6, 2009
in General
Key News
*Bank of America May Need About $34 Billion of Capital (Bloomberg)
* Europe Retail Sales Drop by Record as Recession Bites (Bloomberg)
*China Says Global Easing Policies Risk Devaluation (Bloomberg)
*Almost One-Quarter of U.S. Homeowners Underwater as Values Sink (Bloomberg)
The Event Agenda
The Morning Run-Down
If (when) we see another down turn, or shock in the economy, the [...]
by Bryan Rich on May 4, 2009
in General
Key News
*EU Says Europe Economy to Shrink 4% (Bloomberg)
* Obama Seeks to End Tax-Haven Strategies (Bloomberg)
*Chinese Manufacturing Expands (Bloomberg)
*Dollar Demand Is Strong, but Lending Lags Behind (WSJ)
The Event Agenda
The Morning Run-Down
This week, among the trading catalysts surrounding the US administrations involvement in, and handling of, private industry, we have three key data points. Both [...]