Econintersect: The National Federation of Independent Business (NFIB)’s March 2014 monthly optimism index improved from 91.4 to 93.4. The market was expecting the index between 90.5 to 93.2 with consensus at 92.4. …
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One of the biggest challenges confronting small business lenders is the absence of data. And ultimately that hurts small businesses via higher interest rates. This is acutely evident in the …
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Consumer credit growth for February came in considerably better than expected in spite of the economic soft patch this winter. Source: Investing.com BW: – The $16.5 billion advance in credit …
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It took Virtu’s idiot algos some time to process that the lack of BOJ stimulus is not bullish for more BOJ stimulus – something that has been priced in since …
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We’re being Fed to the sharks, every day, one morsel at a time. What a way to go…. What can we say about the Federal Reserve’s policies that hasn’t been …
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The Great Recession led to large increases in unemployment rates and unemployment durations for workers of all ages, but durations rose far more for older workers than for younger workers. …
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All of a sudden, the Nasdaq is absolutely tanking. On Monday, it fell more than 1 percent after dropping 3.6 percent on Thursday and Friday combined. At this point, the …
Read More Twenty years ago today the Hutus in Rwanda began slaughtering the Tutsis, among the worst genocides since World War II. Anne Aghion, a film-maker friend who produced the indie “Gachaca” …
Read More Remember CDOs? Murky, illiquid investments, backed by bulge-bracket firms that offered lots of yield over similar-rated corporates – just don’t ask questions. As SCMP’s Shirley Yam reports,China’s so-called “trust” products, promise high …
Read More What can we say after yet another sharp sell-off? Since last Friday’s open, the S&P 500 has fallen nearly 3%, the Nasdaq has fallen more than 4.3% and the Russell …
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