UBS to sell stakes after $10 billion in subprime losses
Another example of a chunk of the losses being contained on Wall Street, and not leaking to Main Street this will now have zero effect
Another example of a chunk of the losses being contained on Wall Street, and not leaking to Main Street this will now have zero effect
“I don’t think that’s fair because I don’t — again, I think I’ve been pretty clear in saying we have an economy in the US
Maybe he knows the fed won’t cut the fed funds rate…. Paulson says economy healthy updated 10:33 p.m. ET, Fri., Dec. 7,2007 SOURCE: Reuters Treasury
Inflation 1 year December 3.5% November 3.4% ΆPercent 2.94% Inflation 5 year December 3.1% November 2.9% ΆPercent 6.90% This is most troubling for
On 12/7/07, Karim Basta wrote: > > > NFP +94k > Net revisions -48k, with Sep revised from 96k to 44k (lowest mthly gain >
Initial Jobless Claims (Dec 1) Survey 335K Actual 338K Prior 352K Revised 353K Down from the week before, chart still looks like a modest up
Conclusion ♥ Jury still out pending tomorrow’s employment number and pre meeting developments. ♥ Labor markets stronger than expected, inflation about as expected. While several
(an interoffice email) > ADP came in higher than expected and caused most dealers to raise their > payroll forecasts. > > Productivity revised UP
Blood flowing around the clot. Markets functioning to keep the ‘real economy’ moving along. This will take some of the bid for bank LIBOR funding
(email) Philip, Yes, thanks. Might be to ‘give room’ to the Fed or maybe the modern version of ‘trade wars’ being played out? The UK