The Euro as a Carry Trade Funder … Surprising?

Nothing is so bad, that it isn’t good for something

So goes an old adage in my home country (and I would imagine elsewhere too) and perhaps if hard burdened Eurozone policy makers and investors are finding it hard to find any kind of (positive) silver lining in the current debacle, . . . → Read More: The Euro as a Carry Trade Funder … Surprising?

Jobs Returning to Nation’s Capitol Region

Jobless rates fell in Washington D.C., Maryland and Virginia last month, according to government data released Friday. It was the marking first regionwide decline in unemployment rates since the recession of 2009.

According to the April data from the federal Bureau of Labor Statistics, Washington D.C., experienced the most dramatic drop in April’s measure, . . . → Read More: Jobs Returning to Nation’s Capitol Region

Economic Events on May 25, 2010

At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:55 AM EDT, the weekly Redbook report will be released, giving us more information about consumer spending.

At 9:00 AM EDT, the monthly S&P/Case-Shiller home . . . → Read More: Economic Events on May 25, 2010