European Bond Yields rising
CalculatedRisk @ December 12, 2011 # Comments Off
Another summit. More disappointment …
The Italian 2 year yield is up to 6.14%, and the 10 year yield is up to 6.72%. Both were below 6% last week.
The Spanish 2 year yield is up sharply to 4.7%, and the 10 year yield is up to 5.98%.
From the NY…
More on page 9834
Misgivings Surface about EU Summit
larrygreenberg @ December 12, 2011 # Comments Off
In an inactive day from a data release standpoint, Commodity prices, European stocks and major European currencies have weakened. The pattern is all too familiar. The immediate immediate market reaction to plans to stop the euro debt proble…
More on page 9835
Sunday Night Futures
CalculatedRisk @ December 12, 2011 # Comments Off
A depressing column from Paul Krugman at the NY Times: Depression and DemocracyLet’s talk, in particular, about what’s happening in Europe — not because all is well with America, but because the gravity of European political developments isn’t …
More on page 9832
Daily Forex Analysis – December 12, 2011
ForexCycle.com @ December 12, 2011 # Comments Off
GBPUSD Analysis. GBPUSD traded in a range between 1.5561 and 1.5779 for several days. One more fall to test 1.5423 support is still possible, a breakdown below this level could signal resumption of the downtrend from 1.6164. Key resistance is now locat…
More on page 9831
Wolfgang Münchau: "The crisis goes on"
CalculatedRisk @ December 11, 2011 # Comments Off
From Wolfgang Münchau at the Financial Times: Snags, diversions – and the crisis goes on
Remember what everybody said a week ago? To solve the crisis, the eurozone requires, in the long run, a fiscal union with a prospect of a eurozone bond and, in …
More on page 9833
Hamilton: "More on those secret Federal Reserve loans to banks"
CalculatedRisk @ December 11, 2011 # Comments Off
From Professor Hamilton: More on those secret Federal Reserve loans to banksThe claim that the Federal Reserve extended trillions of dollars in secret loans to banks continues to be spread. Here at Econbrowser we will continue to try to correct some of…
More on page 9830
FOMC Preview: No Changes Expected
CalculatedRisk @ December 11, 2011 # Comments Off
There will be a one day meeting of the Federal Open Market Committee (FOMC) on Tuesday, December 13th. The FOMC statement will be released around 2:15 PM ET on Tuesday.
Although there are several topics currently being discussed – such as adding a pr…
More on page 9829
Music: Econoparody Holiday Sampler
CalculatedRisk @ December 11, 2011 # Comments Off
Earlier:
• Summary for Week ending Dec 9th
• Schedule for Week of Dec 11th
A versusplus.com holiday econoparody sampler, including “In excess, and way so!” and “It’s beginning to look a lot more riskless”
More on page 9828
Schedule for Week of Dec 11th
CalculatedRisk @ December 11, 2011 # Comments Off
Earlier:
• Summary for Week ending Dec 9th
Retail sales for November is the key report this week. For manufacturing, the December NY Fed (Empire state) and Philly Fed surveys, and the November Industrial Production and Capacity Utilization report w…
More on page 9827
Unofficial Problem Bank list declines to 977 institutions
CalculatedRisk @ December 10, 2011 # Comments Off
Note: this is an unofficial list of Problem Banks compiled only from public sources.
Here is the unofficial problem bank list for Dec 9, 2011. (table is sortable by assets, state, etc.)
Changes and comments from surferdude808:
Perhaps the FDIC is …
More on page 9823