Daily Reading – Friday, March, 2011
The Big Picture: Save the Date: Ben to Hold Regular Pressers
In a move that I think is long overdue, the Fed announced that chairman Ben Bernanke will hold press briefings four times per year…
FT Alphaville: John Kemp dismantles the commodities vs global demand chart
Well, Kemp spotted the San Fran Fed’s chart too, and his column this morning includes a devastating critique of the way it was constructed.
FT BeyondBRICs: Fund flows: Investors not so hot on EM
Spring is not quite here yet for emerging market funds. Money flowed out of emerging market funds at a faster rate this week than last, as investors continued their move into developed market equities.
FT Alphaville: Dear RepoClear Member, Re: Portugal
We were worrying recently that LCH.Clearnet would hike margin requirements for trading Portuguese bonds (hence, a sell-off).
Something else has come up…
FT Alphaville: To value a caja, correctly
Recapitalise, write down, rebuild.
Oops. Hang on. Not sure about this.
Write down, recapitalise, rebuild?
FT Alphaville: So long, Saleh
Which means we’ll soon know the answer to the question everyone has been asking in recent days as it became increasingly clear that Saleh’s reign was coming to a close: who and/or what will replace him?
Seth’s Blog: The triumph of coal marketing
For every person killed by nuclear power generation, 4,000 die due to coal, adjusted for the same amount of power produced…
Foreign Policy: The paintings of Saif al-Qaddafi
Saif al-Qaddafi is not just a dictator’s son turned international party boy turned charismatic reformer turned brutal paranoid headcase, he’s also a painter.