A jump in Spanish 10-year yields to near 7% today puts big pressure on the ECB at its Thursday meeting
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Bernanke’s Jackson Hole speech leaves us just about where we were on QE3–waiting for the economic data
Ben Bernanke’s speech at the Kansas City Federal Reserve Bank’s Jackson Hole conference this morning had something for everyone. In other words you could read the Federal Reserve chairman’s words pretty much anyway you wanted.
Brazil cuts interest rates again–and probably for the last time; will it be enough to ignite growth?
Yesterday, August 29, Brazil central bank reduced its benchmark Selic interest rate by another half a percentage point to 7.5%. Data that arrived in the days before the central bank’s latest move, as if on cue, show that maybe—maybe–the government’s tax cuts and the bank’s interest cuts are starting to work
Looking beyond the short-term Volt news in Polypore
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...How Joy Global can do better than the mining industry it sells to
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Draghi’s absence from Jackson Hole this weekend makes the market’s heart beat faster
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The great U.S. debt deleveraging continues
The first revision to second quarter U.S. GDP growth out this morning shows the economy growing at a 1.7% annual rate instead of the 1.6% rate in the preliminary report. Nothing to get excited about—except that other data this morning show that the U.S. economy continues to repair the damage inflicted by the global financial crisis.
SeaDrill reports record $20.3 billion backlog as deepwater drilling market stays tight
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Home prices climb as housing market gives more signs of a bottom
Today’s release of the S&P/Case-Shiller index of home prices in 20 U.S. cities showed prices climbing by 0.5% in June from June 2011. This follows a 0.7% year over year decline in May and marks the first year over year increase in prices since September 2010. Economists had projected that the index would drop by 0.05% year over year in June.