Wednesday, August 1, 2012

Late Morning Links 8-1-12

The ESM granted a banking license to buy Italian and Spanish Bonds?
       Rumor

From natural resources to currency wars... the race to bottom with continue

Garbage freight is in decline, a bad economic omen?

A new name for higher inflation, nominal GDP targeting.

Is Ms. Mayer in over her head at Yahoo, I hope not, as the portfolios I manage have a small position in YHOO, albeit as a play on its investments and the position represents gains of past holdings.


The Euro as special drawing rights

This should be a positive for commodity prices, especially coal. The slowdown in investment has typically been a positive for commodity prices and commodity producers, as lower investment has marked the bottom of many cycles.

Small talk tips for those who hate small talk 

Wow, can't make the hurdle just lower the hurdle. This is a bad omen for the education system in the United States.

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