Monthly Archives: February 2009

Excerpt from Bernanke’s testimony

[Skip to the end] BROWN: Specifically, what worked that Roosevelt did? What did we learn from that? What worked that applies to now? BERNANKE: Well, there were two things that he did almost within months of taking office that were … Continue reading

Posted in Banking, Fed | Tagged , |

BMA/LIBOR mids

[Skip to the end] Closing at the tights of the day. One of the only ways to hedge higher tax rates. BMA/LIBOR mids Start Term Frequency Gross Net MBA Fwd Hedge Cost Floor Wgt Cap Wgt 5.00 5.00 12 98.74% … Continue reading

Posted in Credit | Tagged , |

2009-02-27 USER

[Skip to the end] GDP QoQ Annualized (Released 8:30 EST) GDP YoY Annualized Real (Released 8:30 EST) GDP YoY Annualized Nominal (Released 8:30 EST) GDP Price Index (Released 8:30 EST) Core PCE QoQ (Released 8:30 EST) GDP ALLX (Released 8:30 … Continue reading

Posted in Daily | Tagged , , , |

Obama vs Mosler- The Tale of the Tape

[Skip to the end] Obama vs. Mosler- The Tale of the Tape [top]

Posted in Obama | Tagged , |

2009-02-26 USER

[Skip to the end] Durable Goods Orders (Released 8:30 EST) Durable Goods Orders YoY (Released 8:30 EST) Durables Ex Defense MoM (Released 8:30 EST) Durables Ex Transportation MoM (Released 8:30 EST) Durable Goods ALLX (Released 8:30 EST) Initial Jobless Claims … Continue reading

Posted in Daily | Tagged , , |

2009-02-25 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) Existing Home Sales (Released 10:00 EST) Existing Home Sales MoM (Released 10:00 EST) Existing Home Sales YoY (Released … Continue reading

Posted in Daily | Tagged , , , |

2009-02-24 USER

[Skip to the end] ICSC UBS Store Sales WoW (Released 7:45 EST) ICSC UBS Store Sales YoY (Released 7:45 EST) Redbook Store Sales Weekly YoY (Released 8:55 EST) Redbook Store Sales MoM (Released 8:55 EST) ICSC UBS Redbook Comparison TABLE … Continue reading

Posted in Daily | Tagged , , , , |

From a memo from Paul Saunders

[Skip to the end] Paul runs James River Capital Corp and sent this out today: Everyone, including our public officials running this country, think in terms of the private sector and not the public sector. They are so used to … Continue reading

Posted in Uncategorized | Tagged |

Bernanke describes jobless recovery

[Skip to the end] Yes, and this is a massive political risk. The deficit is getting large enough to stabilize the economy at high levels of unemployment. With flat employment growth, and 2% productivity growth, real GDP grows at 2% … Continue reading

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Cruzan confusion

[Skip to the end] Transcript from a local meeting with our non voting representative to Congress. Must be the Democratic Party’s script: Christensen: Stimulus Will Help, But Won’t Solve All Problems by Carol Buchanan Feb 19 (St. Croix Source) — … Continue reading

Posted in China | Tagged , |