Obama could kill fossil fuels overnight with a nuclear dash for thorium
AEP back in his element with more doom and gloom
As I’ve said before, AEP doesn’t think the glass is half empty, he thinks it’s been annihilated by a nuclear explosion. Here’s his latest piece from the UK Telegraph.
Bonds, stocks can’t both be right
Fresh US recovery fears hit risky assets
This is an overview of yesterday’s markets from the Financial Times for those who can’t access it
RBA Governor Stevens says badly run banks should be allowed to fail
- Banking regulation is necessary but he warns against over-regulation
- Global banks need to be less complex, better capitalised, less ‘exciting’
(over Reuters newswires)
There will be no double dip…..It will be a lot worse
Who needs bank debt…buy some Johnson & Johnson and others…
Johnson & Johnson sold $1.1 billion of bonds at the lowest interest rates on record for 10-year and 30-year securities amid surging investor demand for the highest- rated corporate debt
This article from Bloomberg
ECB warns on economic recovery
Healthier banks and more private sector demand are necessary if the euro zone, and the world economy in general, is to continue its’ recovery, the ECB said in its’ monthly report. WSJ article.
West’s recovery mission encounters hitch as harness slips off Chinese dragon
OECD says June leading indicator for OECD area falls to 103.4 from 103.5 in May
- OECD says June leading indicators point to possible peak in expansion in OECD area
- Leading indicator in G7 area falls to 103.6 from 103.7
- Leading indicator for US has turned negative for first time since February 2009
- Indicators for France, Italy, China, India point to below-trend growth in coming months

AUTOREFRESH 






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