financial news

Asia and European session dominated by safe haven flows; Fitch & S&P both downgrade New Zealand. Germany’s upper house and Austria vote on EFSF measures; we still feel EFSF 2.0 is still not enough. Brazil’s budget and inflation…

Associated Press - Ala. police to enforce parts of immigration law tags: immigration…

Dollar is paring back its overnight gains as Germany ratifies changes to EFSF; European banks higher. Ratification of the EFSF sets the tone for a shift in the political agenda; Q2 US GDP expected higher. Brazil’s August wholesale IGP-M…

Cain's message resonates with rank-and-file Republicans - Politics Wires - MiamiHerald.com tags: republicans…

Market sentiment continue to improve modestly; European stocks and US futures both advance. Finland ratifies changes to EFSF, Germany votes tomorrow; EUR/USD trades just ahead of 1.37. EM price action of IDR & KRW reinforces themes;…

Is the SEC Finally Taking Serious Aim at the Ratings Agencies? « naked capitalism tags: ratings agencies…

Market confidence continues to improve amid hopes that euro zone policy makers take bold actions. Slovenia begins vote on EFSF ratification; sharp shifts in positioning may prompt mean reversion. Hong Kong’s trade figures showed a softening…

It's time to put money into the equation, says professor "Steve Keen, Associate Professor of Economics and Finance at the University of Western Sydney, has won a grant to turn his money-based…

European stocks higher in part from ECB and potential policy action; dollar softer against majors. G10 market focus this week again EZ with EFSF votes, bonds auctions, Greece aid; US macro data. EMs are likely to be dominated by DM…

Is Social Security a Ponzi Scheme? | The Big Picture (tags: social-security pensions) How the Boos for the Gay Soldier Sounded on Stage - James Fallows -…