January 18th, 2010 by Belisarius
I was away from the computer and away from the markets, so let me recap most important developments. MBA purchase applications were up 0.8% vs. 3.6% the week before. Retail sales in December disappointed coming out at -0.3% vs. 0.4% consensus and 1.3% in November. Initial jobless claims edged up reaching 444.000 vs. 437.000 consensus […]
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December 14th, 2009 by Belisarius
Looks like Nakheel PJSC bonds will be paid off in full. Bloomberg link: Abu Dhabi Bails Out Dubai World With $10 Billion.The move has prevented Asian stock exchanges from going into negative territory; Europe is trading up around 1% in average. Short follow up on last weeks U.S. economic data: Jobless claims ticked up reaching […]
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