Ben Bernanke will save the world, but first we bleed Posted by Ambrose Evans-Pritchard on 14 Dec 2007 at 12:48 The Bernanke ‘Put’ has expired.
Consumer Price Index MoM (Nov) Survey 0.6% Actual 0.8% Prior 0.4% Revised n/a CPI Ex Food & Energy (Nov) Survey 0.2% Actual 0.3% Prior 0.2%
This means Saudis/Russians will continue to be price setters for at least the next few quarters. IEA Lifts 2008 World Oil Demand Growth Forecast By
More ‘funding stress reduction’ as these are now off the SIV funding docket. Citi Takes SIVs onto Balance Sheet By Reuters | 13 Dec 2007
Getting word that many economists are upping Q4 GDP estimates by 1.5% after today’s numbers. Forecasts now up to around 2%. ♥
UPDATE 2-U.S. ABCP market smallest since fall 2005-Fed Thu Dec 13, 2007 12:58pm EST By Richard Leong and John Parry NEW YORK, Dec 13 (Reuters)
Producer Price Index MoM (Nov) Survey -1.5% Actual 3.2% Prior 0.1% Revised n/a Off the charts! PPI Ex Food & Energy MoM (Nov) Survey 0.2%
Consensus was high enough, let’s see how tomorrow turns out. Also retail sales up a lot more than just energy prices, and claims down. Still
Seems the AMT tax cut has a chance of getting through with being ‘paid for’ if the Democrats capitulate. This would add about 100 billion
Sends a chill up the spine of any red blooded mainstream central banker! Inflation expectations rise Thu Dec 13, 2007 9:37am GMT – Britons’ expectations