ARTG
-
2/2/10 Midday Report: Volcker to Banks: “Prop trade this!”
The market is bouncing back today even though it is a relatively quiet day news wise (though not as quiet as a Lindsay Lohan straight to video movie premier or a Trappist monk game of hide and seek). Pending home sales in the US rose 1% after falling 16% last month thanks to renewed tax…
-
2/1/10 Midday Report: Pat Sajak miffed as $3.8T budget allows government to buy as many vowels as they’d like.
Obama’s budget is out and it looks like more stimulus is coming as the administration continues to try to sweep the recession under the rug (though I hear it is a delightful afgahn this time as Mrs. Obama has uncomparable taste). The budget is roughly $3.8T which is equivalent to 190MM lap dances or as…