Dear readers, I know dealing with page proofs must sound like a tired excuse, but this process is like the final section of a Romantic symphony, where the music swells to a climax, then the music starts to fade…and then takes off again! Palgrave with no warning sent me the page proofs AGAIN to look at late Wednesday afternoon, due in Thursday PM…and I did have other stuff on my calendar. But this really is the last time, it will finally go to the printer.
Time for Fed to disprove PPT conspiracy theory MarketWatch. Missed pointing to this yesterday. The head of TrimTabs says $600 billion of new funds into the market cannot be accounted for. But other analysts disputed his idea (and I have heard some investors say they take TrimTabs’ analysis with a handful of salt)
Treasurers Embrace Pay-in-Kind Bonds as Ghost of Lehman Fading Bloomberg (hat tip reader j). More signs of bubble behavior.
Spanish unemployment at new records: 19.3% and 40% for the young Merco (hat tip Michael T)
Ben Pavone On MSNBC: ‘Somebody’s Got To Take A Stand’ Huffington Post (hat tip Andrew U). One man is protesting high credit card interest rates.
FDIC eyes linking levies to bank pay Financial Times
Did Demand for Credit Really Fall? James Kwak, Baseline Scenario
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