What I'm Reading

U.K. Economy Expands at Slowest Pace in Three Years

Ukraine had 26% YoY inflation last month

China Price to Drive - As oil has been hovering around 120 I have seen several articles or research reports that talk about the effects of price controls in many oil producing and asian economies. In places like China, Saudi Arabia, Russia, and Venezuela governments subsidize gas prices. This allows fuel consumers in these nations to not pare back consumption, an upward pressure on global market price.

Commercial and Industrial Loans Near Record Levels

US Regulator Fears Wave of Bank Failures

The Good News About the Housing Bust

Expectations for the Fed Meeting

Business Bankruptcies Rose 43% in 2007

Value in the Front End of the Yield Curve?

An Endgame for the Euro?

Goldman: More Pain for Monolines

Odd Numbers