financial news

Is this xenophobia? Video - Jan Brewer: Most illegal immigrants are 'drug mules' - CNN.com Bias and Bigotry in Academia « Patrick J. Buchanan Losing White America « Patrick J. Buchanan Bob Herbert - Long-Term Economic Pain for…

From the BBH Currency Strategy Team. Highlights US dollar is mixed vs. the majors as consolidative trade is being seen today.  Sentiment remains positive overall in the wake of the bank stress tests, but risk on FX trading appears to…

Usually I have more links than I can possibly put in the links post. I chopped some good stuff, so if you want to see them all, either go to the News Feed at CW or subscribe to it here. Edward PS – My home has been blacked out for two…

From the BBH Currency Strategy Team Highlights US dollar is softer vs. the majors, as sentiment remains positive and risk on trading picks up.  Dollar is up only against JPY and CHF, which are both weaker today and finally succumbing…

Wikileaks and Afghanistan The Afghanistan Protocol: Explosive Leaks Provide Image of War from Those Fighting It - SPIEGEL ONLINE Afghanistan war logs: Massive leak of secret files exposes truth of occupation | World news | The…

From the BBH Currency Strategy Team Highlights US dollar is mostly softer so far today vs. the majors, as sentiment remains overall good after the stress test results were released (see below).  Price action since the results came…

More On Race and Politics -  My take: when the chips are down, people look for someone or something to blame.  For a good example of how xenophobia increases during economic hardship, see my post Mexican Repatriation: The Great…

When I run these links at Yves Q. Smith's site Naked Capitalism I am a bit the chatty Cathy. Here I run them sans commentary. For those of you who read both, the difference is simple: when in Rome. For those of you who don't, check out NC,…

Topic of the Day: Fannie Mae and Freddie Mac Fannie Mae and Freddie Mac: Unfinished business | The Economist America's housing market: Unnecessary evils | The Economist Why We Have Freddie and Fannie, Arnold Kling | EconLog |…

From Win Thin, Senior Currency Strategist at BBH. Newswires have reportedly gotten hold of the draft document for the stress tests, and it’s not pretty. It appears that the worst may be true with regards to how bonds would be subjected to…