July 4th, 2011 by Belisarius
*** FT Alphaville: The French proposal, c’est un défaut sélectif, says S&P ***
*** FT Alphaville: Barclays and the VZZ implosion ***
*** FT Alphaville: Goldman’s on top of the Dodd-Frank talks ***
*** Macro Man: U-Turn or U-bend ***
*** The Big Picture: Happy Birthday, America, but it’s time to grow up. ***
*** The Big Picture: Is Crude Oil About to Collapse? ***
*** The Big Picture: Succinct Summation of Week’s Events (7/1/11) ***
*** FT BeyondBRICs: China: swing factor for oil market ***
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July 4th, 2011 by Belisarius
U.S. railroads originated 284,562 carloads, down 0.1% compared with the same week in 2010 and down 4.5% compared with 5-year average. Week over week change was -3.3%.
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July 4th, 2011 by Belisarius
Baltic Dirty Tanker Index fell 1.1%; Baltic Clean Tanker Index fell 5.7%.
Oversupply.
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July 4th, 2011 by Belisarius
Baltic dry index fell 0.1% last week; Capesize Index was up 3.6%; Panamax Index fell 9.9%; Supramax Index was down 1.2%; Handysize Index fell 1.2%.
Large increase in coal stockpiles, no major changes in other categories.
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