Video Of The Day: CNBC – Bill Gross’s Forecast
Sharing his concerns over what will happen to bond yields and stock prices, with William Gross, Pimco co-CIO/founder.
Global Macro Perspectives
Sharing his concerns over what will happen to bond yields and stock prices, with William Gross, Pimco co-CIO/founder.
*** FT BeyondBRICs: Fund file: the ETF dynamic ***
*** FT Alphaville: This is not normal ECB tightening ***
*** FT Alphaville: Moodys downgrades Greece to B1 from Ba1 ***
*** FT Alphaville: Shoot the messenger ***
*** FT Alphaville: A stress test mugged by reality ***
*** FT Alphaville: In the midst of a permanent oil-equity correlation breakdown? ***
*** FT BeyondBRICs: Oil: another turn of the screw ***
*** The Big Picture: Change in Ratings (or, Charlie Sheen Goes to Wall St) ***
*** Slope of Hope: Paralyzed with Fear ***
*** Abnormal Returns: The professionalization of the financial blogosphere ***
Baltic dry index rose 8.1% last week; Capesize Index was up 8.5%; Panamax Index rose 9.4%; Supramax Index increased 5.9%; Handysize Index was up 2.3%.
Iron ore and steel prices fell on high inventory (iron ore inventory near record high; steel inventory record high). Thermal coal inventory data not released.
FED pre-announcement via. WSJ…