Category Archives: Credit Markets

Obama & Co., Growing Up Fast

By:  Victor Davis Hanson National Review Obama and his EU counterparts are learning that high-minded adolescence makes for bad governance. But it’s an expensive lesson. Old laws predicated on human nature cannot so easily be discarded — even by utopians who think they have the power to cool the planet and stop the rising seas. [...]

Posted in Barack Obama, Bond Markets, Credit Markets, Economy, Greece, National Review, NRO, Solid Principles | Leave a comment

Political Cartoons: Financial “Reform”

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Posted in Banks, Bond Markets, Business, Credit Markets, Economy, Financial Reform, Political Cartoons, Solid Principles, Wall Street | Leave a comment

Politico Breaking News

POLITICO Breaking News: Lawmakers reached a final deal on a Wall Street reform bill early Friday morning after Sen. Blanche Lincoln (D-Ark.) agreed to a compromise with House Democrats on her derivatives regulation bill – clearing the way for the broadest rewrite of the nation’s financial regulations since the Great Depression. The legislation would create [...]

Posted in Bond Markets, Credit Markets, Economy, Financial Reform, Politico, Solid Principles, U.S. Stock Market, Wall Street | Tagged as: , , , , | Leave a comment

It’s Quiet Out There, Too Quiet

By: Matt Phillips A fragile calm pervades the markets Wednesday morning. But for the moment, the deterioration in the credit markets we’ve seen recently is slowing. Three month U.S. dollar Libor — that’s that key benchmark rate at which banks lend to each other — rose yet again, but not by much. The rate hit 0.53781% [...]

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