Some of the more interesting and important items for September 2nd :
Ryanair’s O’Leary Ponders One-Euro Toilets, Standing Passengers – Here he goes again….
JPMorgan Said to End Proprietary Trading to Meet Volcker Rule – Come on… No Way
Not To Be Seen: “Less Good” – Remember The “Less Bad” Media...
This morning, David Rosenberg had a few notes of his own on the ISM numbers. He is skeptical, as he has been for a couple of years now….
Here are his points:
While you were sleeping: Asian equity markets in rally mode, but mixed action in Europe; in the U.S. everyone...
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There was clearly a mix of outlooks from the latest Fed meeting. There were also a few area that are difficult to determine wheter they are good or bad for the markets/investors.
For example, what does it mean that :
Fed Officials Saw Risk August Decision Would Send Wrong Signal
Could we...
Now the “less good” readings we are seeing should be looked at as a sign that while still in expansion, it is slowing…right? But the headlines will not tell you that. Instead they will read: Chicago PMI Slows, But Remains Firmly In an Expansion Cycle or something to that end.
You...
