The choice selections from today's Art Cashin comments, via UBS Financial Services: Greek Rescue Rumor And Chippier Consumer Brings Stocks Back From Brink – For much of Friday’s session, fears about the European Union (particularly Greece) sent folks seeking the safety of the dollar.
The G7 meeting this weekend at Iqualit will be busy (one assumes the need for tear gas 10 miles south of true north will be somewhat moderated). Even busier if the so far uncorroborated rumor we have received turns out to be true.
Developing story : Senator Dick Durbin has said that he hopes the Senate will reconfirm Bernanke by the end of the week, and that President Obama is actively calling senators to boost Bernanke. One wonders if this weekend's massive campaign to push for Bernanke has been insufficient. And other news we have gotten recently: These are senators who have recent voiced their support for Bernanke recently:Bennett, Nelson, Byrd, Hagan
9 months of "who wants to be short over the weekend?" Time to flip that one around.
BAGHDAD - What was once considered a pipe-dream could become reality: after decades of dictatorship, war and international sanctions, Iraq's massive oil reserves are set to be tapped proper and the country once known for two overflowing rivers could be crowned oil king. If the seven oil projects awarded to foreign oil companies this weekend, and the three from an auction earlier this year, develop as planned, within eight years, Iraq will see its oil production capacity leap to more than 12 million barrels per day (bpd). "We think it is a big victory for Iraq to be able to be a leader in the world," Iraqi Oil Minister, Hussain al-Shahristani, said after the auction
December 10, 2009 Dear Valued Clients, I am writing to update you about developments stemming from our December 4 announcement concerning Metropolitan West Asset Management (MetWest). We believe this combination provides TCW with the continuity required to ensure stability in managing our clients’ high-grade fixed income assets. Over the weekend, key MetWest professionals assumed portfolio management responsibilities for all of TCW’s high-grade fixed income client accounts.
After opening at 58, Nakheel 3.1725%'s of 09 are now trading at an all time low of 54. Does someone know something ahead of the weekend, or has QVT decided to simply take its losses and move on
12.011 trillion is the operative figure. At least, it was on November 20th, after dipping quite significantly over three days.
Monday, February 8, 2010
0 Comments