Given both the ECB (we must give LTRO time to work) and the Fed (it would be reckless to risk inflation for a few jobs) appear to be disappointing the addicts in the equity markets, perhaps it is time to reflect on what the relative size of the Fed...
Last Thursday, UNICEF representative to Jamaica, Robert Fuderich, delivered a thought-provoking speech to the membership of the Rotary Club of Kingston, calling for children to be placed at the centre of the Budget Debate...
As we predicted some time ago, it would be only a matter of time before the story of how one failed prop desk trader, in this case Boaz Weinstein who blew up DB Prop only to be resurrected as the successful head of Saba Capital, took down the...
A week ago we tweeted, jokingly, or so we thought, the following: Rumor Europe has run out of toasters to hand out with new checking accounts— zerohedge (@zerohedge) May 24, 2012 As it turns out it was no joke.
At this point it is no longer interesting to recap the ever-growing list of problems facing Spain - we all know the country needs billions and billions in aid to merely contain its implosion, let alone grow.
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