Monthly Archives: June 2011
Corn, Soy and Wheat Set to Get Crushed Today
A better than expected corn acreage report is putting pressure on crop prices.
Comments »Fed’s Raskin: Job Market Worse Than What Numbers Show
“Fed Governor Sarah Raskin said a large number of unemployed and underemployed Americans are at “great risk” of being unable to access fair, sustainable and affordable financial services.
Some 13.9 million Americans are out of work and an additional 8.5 million workers are “underemployed” because their hours have been reduced or they have not been unable to find a full-time job.”
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CA Asks Retailers to Start Taxing the Interwebs
Starting tomorrow sales taxes will have to be collected by Amazon and other online retailers for CA. residents….
Comments »Recent Poll Puts QE3 at a 20% Chance
If the soft patch develops into anything more then some people like Bill Gross say that we will hear from Bernake on some more money printing efforts…
Comments »Pharma Companies Like Eli Lilly May Boost Research Spending as Generics Come to Market
LEH Bond Holders Will See a Little More Cash
The benefits of derivative claims will go to GS, MS, & the Paulson group which represents the California Public Employee Retirement Fund.
Comments »Jobless Claims: Prior 429k, Market Expects 420k, Actual 428k
Cotton Farmers in TX Abandon Acerage Due to Drought
70% of the state is suffering drought. This has caused farmers in poor areas to abandon their farms and or reduce the acreage the plant.
Comments »European Markets Pare Their Gains
Defecit Problems Push the Rupee Lower and Bond Yields Higher
India relaxed import duties and as such has suffered some revenue problems. This is creating concern about deficit problems.
Comments »Trichet Signals a Rate Hike for July
I suppose once Greece has a final debt restructuring plan we may see a interest hike in the Euro zone.
Comments »German Banks Agree Upon a Debt Rollover for Greece
Greek debt fears can go away for a while as German banks will organize funds to prevent a Greek “meltdown.”
Comments »Inflation Slows Enough to Make Russia Pause on Interest Rate Hikes
Oil Falls and then Pares Its Losses Overnight
Asia Holds and Adds to Its Gains Overnight
Economic Freedom and Quality of Life
As we near our Independence Day celebrations, it is a good time to reflect on what has made America exceptional.
The short video below illustrates the relationship between economic freedom and quality of life.
Economic Freedom and Quality of Life
Comments »Government Math Wrong Again
Why can’t government ever get cost estimates correct ?
Does it have to do with filling money printing wholes ?
Comments »Full Tilt Poker Shut Down by British Gaming Commission
Sad to hear that F.T.P. owes people money. Full Tilt has been accused of bank fraud, illegal gaming operations, and other charges. Perhaps the justice department should look more closely at Wall st…….
Comments »Asian Markets Open Higher; Can the Global Rally Hold ?
Most Asian markets are up between 0.3% – 0.95%, but the Nikkei remains flat…
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