13 hours ago | January 26th, 2015 16:32:10 GMT.

IBM dismisses report about mass layoffs


The market has been abuzz with talk about the largest corporate layoff in history at IBM. The company is denying it: “IBM does not comment on rumors, even ridiculous or baseless ones,” a spokesman said. “If anyone had checked information … Continue reading


14 hours ago | January 26th, 2015 15:30:24 GMT.

Dallas Fed expectations were out of whack


Dallas Fed Jan -4.4 vs +3.0 expected Prior was +4.1 Expectations among the 14 economists surveyed ranged from -5.0 to +7.3. I don’t understand how expectations could have been so high given the collapse in oil prices and refinery utilization. … Continue reading


14 hours ago | January 26th, 2015 14:58:04 GMT.

ECB ramping up very slowly on Sept QE program


The ECB revealed its first quantitative easing program in September and it was focused on buying asset-backed-securities and covered bonds. Analysts were skeptical because the markets are thin and that’s proving to be wise. The ECB reveals it has bought … Continue reading

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