October 22, 2012
Is the Fed in Control? If So, Control of What?
Read More: Is the Fed in Control? If So, Control of What?
Hard hitting global and local news
Hard hitting global and local news
Read More: Is the Fed in Control? If So, Control of What?
Faster 183 "The NMIâ„¢ registered 53.7 percent in August, 1.1 percentage points higher than the 52.6 percent registered in July. This indicates continued growth this month at a slighter faster rate in the non-manufacturing sector.
The non-news of the day is Bernanke says scope for more Fed easing Federal Reserve Chairman Ben Bernanke says there’s room for the central bank to take more action in responding to critical questions from a top lawmaker on Capitol Hill.
The Guillotine Drops A few weeks ago, before Joe Paterno’s statue was removed, Eli wrote in a post entitled Death Penalty Eli, as some have noted, is an ancient professor, an academic if you will. He has followed the collapse of governance at Penn State with the interest of a bunny watching a disaster unveiled, and recently saw much back and forth about the NCAA (the folks who profit from and do the pompous on intercollegiate athletics in the US) imposing the death penalty on football at PSU.
Spain 2-Year Treasury Yield Tops 7%, Inversion Between 5 and 10 Year Yields; Spain Sovereign Debt Restructuring Coming Up Posted by Michael Shedlock at 1:49 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.