By Mark O'Byrne: Gold's London AM fix this morning was USD 1,558.50, EUR 1,239.27, and GBP 993.62 per ounce.
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CREDIT CRUNCH
This topic will track the latest developments in the credit crunch. Covering anything from bank capital shortfalls, writedowns, liquidity problems, collateralized debt obligations, credit default swaps, hedge fund woes, difficulties resulting from securitization of debt, and just about any other manifestation of the current credit contagion.
Credit Crunch is part of Business Exchange, suggested by
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Blogs
Recent blog posts on this topic.
Japanese consumer prices rose by +0.2% in April YoY (+0.1% expected), the 3rd monthly rise, though well below the BoJ’s...
My afternoon train reading: • Euro Zone Crisis Boils as Leaders Fail to Signal New Steps (NYT) • Copper ETF plan would...
Neil Barofsky, a former official who actually put bankers in jail (imagine that!) is coming out with a tell-all book...
Rochdale analyst Dick Bové loves fairy tales as much as the next guy. He loves the romance, he loves the drama, he...
Lately, I have been thinking about exactly what it is that modern banking has evolved into. It is no longer about...
By ValueMax: According to a recent Reuters poll, equity analysts expect that Nokia (NOK) will burn cash of $2.
World stock markets give their verdict on what can be achieved at Wednesday's meeting of European leaders Global stock...
Great graphic from the FT: Click for interactive chart: Source: FT.com
Or the Greek-German relationship, told through tourism.I ask Germans to choose Greece for their summer holidays.
By Phil Davis: Wow, what a Monday! The Nasdaq and the Russell already hit our 2% bounce goals and the Dow needs another...
By Chris Ciovacco: Traders often look for relatively easy ways to monitor the battle between "risk-on" and...
JPMorgan’s Losses Are Rival’s Boons (WSJ) A group of about a dozen banks, including Goldman Sachs Group and Bank of...
No further commentary required: Dilbert
My afternoon train reading: • The Rise and Inglorious Fall of Myspace (Businessweek) • A Few Disconnects in CEO Pay...
Matt Stoller is a fellow at the Roosevelt Institute. You can follow him on twitter at http://www.twitter.
By Marshall Auerback, a hedge fund manager and portfolio strategist. Cross posted from New Economic Perspectives Given...
We pointed out on Friday that a poll suggested Greeks were far from wanting out of the eurozone and would actually...
Matt Stoller is a fellow at the Roosevelt Institute. You can follow him on twitter at http://www.twitter.
The press and the market continues to speculate about the negative impact of an exit of Greece from the Euro...
> My Sunday Washington Post Business Section column is out. This morning, we look at the JPM debacle: Has the...
Indian consumer prices rose by +10.36% in April YoY, as food prices increased, and higher than the +9.38% in March.
By Rupert Nicholson: The markets have been in turmoil recently over the political instability in Greece.
Top Sources: Credit Crunch
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