financial news

This week I am going to run the week in review posts both in links and narrative form.  Here is the links version. The narrative version is up next. The Week’s Most Popular Ghost Town Detroit PIMCO on British National Solvency…

Fannie and Freddie Cost of Fannie And Freddie Keeps Rising - NYTimes.com Related Posts May 2010: Banks Making Shed Loads But Fannie And Freddie May Be “Losing Money as a Matter of Policy” Jan 2010: Manipulating mortgages Sep…

Link of the day Anadarko Says BP Should Pay for Oil Spill After Being Reckless - Bloomberg.com The Usual Fare Wall Street Reform Could Cost Goldman Sachs Billions - Huffington Post The Economist Off the Deep End on BP and…

Must-read The Anatolian Tiger: How the West Is Losing Turkey - SPIEGEL ONLINE Video - Property market 'overheating' - Brisbane Times Euro investors eye local Australian property market The Usual Fare San Diego May Use…

Must-read Australian housing market 'a time bomb' | Herald Sun The Usual Fare How to Avoid a Double-Dip Global Recession - Project Syndicate Creating the Next Crisis - Project Syndicate Economist's View: "The Economics…

Highlights The US dollar is consolidating its recent losses and is enjoying a somewhat firmer tone today.  Although the initial advance in the euro was helped by a favorable news stream, macro-developments do not appear to be driving…

I will probably be out all morning so posts will be light. But, in the meantime for you double-dip recovery fans I have an old link from last year for you to remind you this has not been a real recovery but a statistical one. …

Must-read The German Miracle vs. the Welfare State - Ludwig Erhard - Mises Daily English-language links US/China Rhetoric Escalates Over Rise in Chinese Exports « naked capitalism The Essence of Pleasure : The Frontal Cortex…

By Marc Chandler of Brown Brothers Harriman Highlights The US dollar is extending last week’s pullback in what appears to be largely position adjustments, partly as a function of a better news stream and a healthier appetite for…

Topic of the Day - Germany: austerity, social unrest, protectionism and gold bunkers Schwere Krawalle in Berlin: Zehntausende protestieren gegen Sparpaket | FTD.de Krisenanlage: Banken bauen Goldbunker | FTD.de FT Alphaville -…