Greece Talks Enter ‘Final Phase’ on 2nd Bailout
ISM Services Gauge in U.S. Rises to 56.8
Unemployment Drops to 8.3%; Payrolls in U.S. Jump 243,000
Treasury 10-Year Yield Rises Most Since November as Jobs Exceed Forecast
Italian Bonds Tumble As Greece Talks Drag On; Bunds Decline on U.S. Jobs
Oil Rises for First Time in Six Days as U.S. Unemployment Rate Declines
S&P 500 Gains 1.4%, Rallies for Fifth Week
"So long as the dollar weakness does not create inflation, which is a major concern around the globe for everyone who watches the exchange rate, then I think it’s a market phenomenon, which aside from those who travel the world, has no real fundamental economic consequences."
Alan Greenspan, November 18, 2007
by Doug Noland | Feb 3
Speculative excess has gained the upper hand.
by Martin Hutchinson | Jan 30
They Don’t Make Companies Like They Used To
The greatly increased corporate mortality has now been internalized in management practice.
Read moreby Satyajit Das | Jan 18
Britain rejected the Treaty changes, refusing the invitation to join the Europeans on the maiden voyage of the Titanic.
Read moreby Michael Pento | Jan 5
Math Vindicates S&P Debt Downgrade
Their rating of U.S. debt is still too high and the downgrade came way too late.
Read more|
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