FOMC Minutes – August 30, 2011
Looks like we have some eager FOMC members, so I suspect that we will have a serious discussion on QE 3 during the next FOMC meeting which will be held on 20th and 21st September.
Archive for August 30th, 2011
Video Of The Day: ECRI’s Achuthan: “No Upturn Yet…More Weakness” Ahead, But Jury Still Out on Recession
The Daily Ticker: ECRI’s Achuthan: “No Upturn Yet…More Weakness” Ahead, But Jury Still Out on Recession.
August Conference Board Consumer Confidence At 44.5
Conference Board consumer confidence came out at 44.5 vs. 52.0 consensus and 59.5 reading for July.
Lowest since April 2009. Massive negative surprise.
S&P/Case-Shiller 10 City Composite HPI Unchanged In June
Seasonly adjusted S&P/Case-Shiller HPI 10 city was unchanged in June; On year level 10 city index is down 3.9%.
Daily Reading – Tuesday, August 30, 2011
*** Gavyn Davies: No blueprint from the “big three” at Jackson Hole ***
*** FT Alphaville: Bill Gross has something to say ***
*** FT Alphaville: Inter-company, intra-state Chinese lending ***
*** the Atlantic: Square, the iPhone Credit Card Machine, Goes Mainstream ***
*** Gawker: Tim Cook: Apple’s New CEO and the Most Powerful Gay Man in America ***