You probably already know the answer. China of course!
The most interesting piece of information from today was the amount of debt that was bought in March. Over $100 billion more than estimated.
March Long-term TIC Flows +$140.5 bln vs +$40.0 bln consensus, prior +$47.1 bln
A great summary from Briefing.com
Solid Long-term...
Guest: Tom McClellan on important markets and indicators. Tom is looking at an interesting convergence of a few important moving averages and sees a “rainbow convergence” in some of his predictions. We also take the opportunity to discuss the outlook for European markets and how this could play out. Kevin...
Is this really a job? Who pays for this? Is there fish insurance?
Wow…. There is hope for anyone looking for a job… Be creative, pursue your love. Perhaps you could be a Plane Counter or even do your part to help re-attach lizard tails after those neighborhood kids find fun...
Some of the more interesting and important items for May 15th :
Apple’s Jobs Asked Gizmodo to Return ‘Stolen’ IPhone Prototype – ASKED?
Euro Falls to Lowest Level Since Lehman Collapse as Breakup Concern Grows – Seems to be too soon to fail…. Will see some lift then another plunge in...
There are several indications that the economic recovery is still on track, but at a slower pace. We are not far away from green-shoots and other metaphors that is meant to bring out hope. Now we are seeing the results of the problems that were create by the excess. Excess...
