Daily Archive: Wednesday, January 14, 2009

Re: Commodities liquidation

[Skip to the end] Thanks! >    >   On Tue, Jan 13, 2009 at 3:51 PM, Joshua wrote: >    Commodities Liquidation No Exit From Commodities as Hedge Funds Return: Chart of Day by Chanyaporn Chanjaroen Jan 13 (Bloomberg) — Hedge funds are proving there was no complete exit from bets on higher commodities prices ...Read More

Goodhart says ‘sack’ DMO to bolster UK economy

[Skip to the end] Professor Goodhart is one of the rare central bankers who fully understands monetary operations and therefore recognizes as obvious that the treasury not selling securities is functionally equivalent to the treasury selling them and then having the Fed/CB buy them, apart from the transactions costs. This also shows ...Read More

Payroll tax holiday under discussion

[Skip to the end] Obama, Democrats Reshape Tax Relief Measures in Stimulus Package by Katherine Skiba Jan 13 (US News) — Senate Minority Leader Mitch McConnell of Kentucky said an idea that emerged during the GOP senators’ lunch today was a two-year suspension of the payroll tax. “It would put a lot ...Read More

Re: Roubini

[Skip to the end] (email exchange) >    >   On Tue, Jan 13 at 5:48, Morris wrote: >    >   He believes most market participants correctly expect the first half of ’09 to be >   weak but he thinks most expect a second half recovery which says won’t >   happen. >    Depends on the fiscal package. He could ...Read More

German credit default graph

[Skip to the end] German CDS USD 5yr [top] ...Read More

2009-01-14 USER

[Skip to the end] MBA Mortgage Applications (Released 7:00 EST) MBA Purchasing Applications (Released 7:00 EST) MBA Refinancing Applications (Released 7:00 EST) Bloomberg Global Confidence (Released 7:00 EST) Import Price Index MoM (Released 8:30 EST) Import Price Index YoY (Released 8:30 EST) Import Price Index ALLX1 (Released 8:30 EST) Import Price Index ...Read More