Business Channel
Unemployment Up 10.2%, More Job Cuts
by Don Martelli — Despite the wave of optimism early this week and reports yesterday suggesting the unemployment rate would be lower than forecasted, the monthly employment report issued today burst that bubble.
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Curious Meeting at Treasury Department
naked capitalism —
The Treasury invited a small group of bloggers for a “discussion” with senior officials on Monday. Initially, the meeting was to be background, which is a sort of journalistic “FYI but you can’t use it” but we were told at the meeting that we...Recently linked to by The Baseline Scenario / 14 hours ago -
The Coming Collapse of the Municipal Bond Market
Philip Greenspun's Weblog —
A money manager friend showed me an interesting research report by Frederick J. Sheehan titled “Dark Vision: The Coming Collapse of the Municipal Bond Market. This is a product of weedenco.com and available only to subscribers, but I will summarize it...Recently linked to by Quoting the Crisis / 22 hours ago -
Financial Regulation: How would you have it work?
Accrued Interest —
Yesterday myself and several other financial bloggers got the chance to meet with several senior Treasury officials, including the Secretary himself. It was a fascinating experience and I have to admit, it was just plain cool to be within the bowels of...Recently linked to by Caveat Bettor / 13 hours ago -
Did We Learn Anything? Carry Trade Edition
EconomPic —
In theory, it does look like hedge funds are BACK, though it is a bit concerning that EVERY strategy (except those neutral or short equity beta) has been a winner. Back to this in a moment... While many hedge funds make claims that they don't have any...Recently linked to by Quoting the Crisis / 15 hours ago -
The Periodic Table of Finance Bloggers
The Reformed Broker —
Click Image to Embiggen! http://thereformedbroker.com I’ve been asked several times to update my finance blogger list, so I figured on the week of The Reformed Broker’s first anniversary , I’d oblige. Everyone listed on The Periodic Table of...Recently linked to by market folly / 15 hours ago -
A Few Observations of My Own
Financial Armageddon —
Below is a blog post recap by Yves Smith of Naked Capitalism of a meeting that took place yesterday between a group of bloggers (including yours truly) and various Treasury officials, entitled "Curious Meeting at Treasury Department": The Treasury...Recently linked to by The Confluence / 1 day ago -
A global problem with no solution
Felix Salmon —
Mohamed El-Erian, the CEO of Pimco, sent me a note this morning which sums up the dire straits of the economy, as revealed in today’s employment report, in one sentence: The problem is that very few people in DC are thinking of this as a structural...Recently linked to by Salon: How the World Works / 7 hours ago -
Fannie Mae’s results – oh, and what if Bank of America reported the same way…
Bronte Capital —
Fannie Mae just put out awful looking results based primarily on massive (and increasing) credit loss provisions. Indeed their provisions this quarter were the largest thus far in the cycle. Its worth looking a little closer because – like it or not...Recently linked to by FP Trading Desk / 8 hours ago -
My Visit to the US Treasury, Part 2
The Aleph Blog —
Before I start this evening, to all my fellow bloggers out there, if you were invited to the gathering at the US Treasury and did not come, I have a request and a question: If you were invited, send me an e-mail . Tell me why you decided not to come, if...Recently linked to by The Confluence / 1 day ago -
MySpace-Google Search Deal Income Will Fall $100 Million Short This Year
paidContent —
Rupert Murdoch told analysts the News Corp ( NYSE: NWS ). newspaper and television businesses are having a “great November” but he also added a note of caution by describing the recovery as still “a little fragile.” He barely spoke of the...Recently linked to by Andy Beal's Marketing Pilgrim / 1 day ago -
NY Times Leonhardt: The Optimistic View
Calculated Risk —
David Leonhardt at the NY Times gives "equal time" to a more optimistic outlook: Through a Glass Less Darkly In the fall of 1982, with a long recession ending but the unemployment rate heading toward 10 percent, The New York Times ran an article titled...Recently linked to by Twenty-Cent Paradigms / 1 day ago -
The Act in Action: New Report Shows Recovery Act Creating Jobs Throughout the Nation
White House.gov Blog Feed: WhiteHouse.gov Blog —
Good news, folks. The Recovery Act is working, and so are over one million people whose jobs have been saved or created by the American Recovery and Reinvestment Act. But why take it from me when you can see it for yourself? Thanks to unprecedented...Recently linked to by MoJo Articles / 1 day ago
