Daily

Here are some quick thoughts on QE3. Central banks around the world are taking the lead on reflation where fiscal agents refuse to do so. And the policy stances have become increasingly aggressive. Right now, every major central bank is…

I wrote a blurb about Ray Dalio yesterday afternoon based on his talk at the Council on Foreign Relations. And I always enjoy Ray Dalio's perspective because the macro framework he uses is based on debt and credit stocks across business…

There are no big stories in today's links so I am going to leave it as is. Tomorrow at 10AM German time we get the German Constitutional Court ruling. That's the big piece of news that we are waiting on. Most people think the court will…

No huge commentary today. But what struck me about the links in today's edition was how many were related to the loss of jobs and income both in the US and Europe. Rick Bookstaber's post about the Great Labor Reset has me thinking about how…

The weekly will be a more in depth look on the ECB but here's today's daily first. I will be on Headline with Howard Green on Monday at 1230 to talk about all the headlines of the day. I just want to focus on one aspect of the euro crisis…

Amazon's announcement yesterday was a very big deal. Here's my daily today. It's on Amazon.  I am doing this in two parts with tech articles in this one because I meant to post this part yesterday but I wasn't able to post after 2PM. The…

The Kindle Fire was a master stroke by Amazon to entrench it's content and shopping platform in consumer households, especially because Apple's premium pricing left the door open for Amazon to fill a void at a lower price point as the…

The lead article in today's links is from Seumas Milne in the Guardian on George Osborne's failure to deliver on his promises as UK Chancellor of the Exchequer. If you recall, the platform that Osborne championed was one of voluntary cuts…

The big news today is based on a report by Bild, a German tabloid, which reported that Jens Weidmann, the head of Germany's central bank, offered to resign on multiple occasions due to his opposition to the ECB's plans to monetize euro zone…

I am a bit pressed for time, so the like will be short today. The key issue is the ECB's bond buying. I wrote up the key variables in the weekly earlier but here are some general thoughts. The IMF says that Spain and Italy's bonds have…