4 July 2010

Highlights US dollar was mostly firmer vs. the majors in the aftermath of weak US jobs data, but lost ground to EUR and GBP.  While we still think the US outshines the euro zone from a fundamental standpoint, the break of 1.25 last…

Peter Cecchini, chief strategist at BGC Financial, talks to Pimm Fox about the U.S. economy and consumer credit on Bloomberg Television's "Taking Stock." He says that the 122% percent household debt to GDP ratio is well above the…

Topic of the Day: Jobs Does Anyone Care About Unemployment Anymore? – Newsweek Insufficient Jobs Set the Stage for Slowdown in U.S. Recovery - BusinessWeek FiveThirtyEight: Why Aren't Businesses Hiring? Distraction of the Day:…

Just three days after returning to Beijing from New York, I had to leave again, this time to a series of conferences in Torino, Italy, so it is hard to do much writing for my blog, especially since I won’t spend my free time in the hotel…