Example of a trading screen.
US approves extension of payroll-tax cut
House and Senate approve extension of payroll-tax cut.
Posted in Policy
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US Energy
U.S. nuclear regulators on Thursday approved licenses to build two new nuclear reactors in Georgia.
Posted in Uncategorized
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Corp Bonds
McDonalds borrows at all time record lows!
http://online.wsj.com/article/SB10001424052970203889904577199162325099078.html
Posted in Corp Bonds
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US Housing
Case-Shiller survey shows November decline in U.S. house prices.
Posted in Macro
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Solar Power
Suntech (STP) CEO is reported to have said that the cost of generating electricity from the sun will compete with conventional power delivered on the grid in half the world by 2015.
Posted in Uncategorized
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IMF Cuts Global Growth Outlook
Posted in Macro
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Low Interest Rates
It bears repeating that low interest rates could be a double-edge sword for equities. Pension funds are under-funded and depend to some degree on a decent coupon from US Bonds.
“Two of the pillars of the case for stocks are that bond yields are low and corporations are flush with cash. When corporate pension plans are taken into account, there are minuses along with those pluses.
Owing in large part to the collapse of long-term interest rates to record lows, the pension funds of the Standard & Poor’s 500 are estimated to be underfunded by upwards of a half-trillion dollars, or by more than one-fourth of what they need to meet their future obligations.” Randall Forsyth, BARRONS
Posted in US Teasuries
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Greece and Shipping
The sovereign debt problems in Greece and and exposure by their banks could make financing even harder to come by for shipping companies. Shipping is one of the most important industries in Greece.
Posted in Uncategorized
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US Doctors
NEW YORK (CNNMoney) — Government-backed loans to doctors have surged more than 10-fold in the past decade, a trend industry insiders say is a red flag that doctors in America are in financial distress.
From 2000 to 2011, Small Business Administration loans to physicians’ offices, including private practice doctors and mental health specialists, ballooned to $675 million from less than $60 million.
Posted in Macro
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