Opinion
Pension Plans, the Equity Market, and Irrational Behavior
Why 'Expected Deflation' Can Be a Good Thing
Economic Data
Jobs:
Job Creation: Last Two Presidencies
Broader Unemployment to 12.5%
Change in Non-Farm Payroll by Industry (November)
Birth Death Model at it Again: Employment Worse than 6.7%
Employment Crumbles (November)
Other:
Manufacturers Shipments
Same Store Sales (November)
Defined: Unsustainability
Services: Bad to Worse
November Auto Sales... Where's the Bailout?
Manufacturing: Bad to Worse
What a Recession Looks Like (Q3 Productivity)
Asset Performance
Hedge Funds: Bad, but But Better than S&P
January Gas Futures Below $1
Harvard Endowment Down $8 Billion in 4 Months
2008 Volatility Like No Other
High Yield: On Pace for the Worst Year on Record
Treasuries and Equities Rally
Banks
Then and Now: Banks 1999 vs. 2008
Global Rates Slashed
Bailout
Pledges to Date Redux
Curve: Swaps vs. Treasuries
Fed has Option to Buy Treasuries on Open Market
In Memory
Rest in Peace Doris “Tanta” Dungey
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