There is no simple way to handicap how the events in Egypt will affect global capital markets. It seems that one of two distinct paths is on the horizon: A militant uprising that roils energy markets and geopolitics, or a civilized transfer of power that brings in a...
It appears that yesterday in Beverly Hills, America’s favorite TV comedian over committed to a late night party session involving the most traditional of vices. A suitcase full of “punch” was delivered to his door step and the festivities went into overdrive. While...
European spread product is the new gold. Since Angela Merkel’s interview last week, the rumors of a newly empowered EFSF have swirled relentlessly. Apparently, sometime by late March this new structure will solve all European woes and may even cure cancer. The only...
I am no expert on German language gender rules - it could be Das Bund, Der Bund or Die Bund - but given what's going on in Europe I suggest we all use "Die Bund" from now on when referring to "The Bund". It is on its deathbed - RIP!! The "degermanification" of "die...
As we all digest another US payroll employment report, it is important to step back and look at some of the longer term trends that are evolving in US labor markets. First, the drop in the U-rate from 9.8 to 9.4 is significant. However, most all economists and pundits...
As we all digest another US payroll employment report, it is important to step back and look at some of the longer term trends that are evolving in US labor markets. First, the drop in the U-rate from 9.8 to 9.4 is significant. However, most all economists and pundits have disregarded this move as the […]
