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Friday, February 19, 2010

Update: Restaurant Stocks, Basicland to Sorrowland (Munger), Volcker On Retirement Age, 20th Bank Failure of 2010, CPI Inflation, Mortgage Delinquency Rate Falls, Brevan Howard Not Short Greece CDS, Tiger Woods Apology Video

Links for Friday February 19, 2010

Slate: Basically, It's Over: A parable about how one nation came to financial ruin. (Charles Munger of Berkshire Hathaway)

AP: Banks in Calif., Ill., Fla., Texas are shut down (20th of 2010)
ZeroHedge: Volcker Discusses The Housing Market, GSEs, Raising The Retirement Age,Volcker Rule
ZeroHedge: Options Expiration Blowout (look at restaurant stocks) via RobotTrade
WSJ: China Retail Sales Up 17.2% On Year In 7-Day Lunar New Year
Bloomberg: U.S. Economy: Consumer Prices Rise 0.2% in January (Update1)
Bloomberg: Buffett’s ‘Dangerous Business’ Grips Bond Insurers (Update1)
Bloomberg: MBA Says Delinquency Rate for Mortgage Loans Fell to 9.47%
WSJ: IMF Economist: Yuan Rise May Help China Direct Resources-Xinhua
Reuters: UPDATE 2-High borrowing costs for Greece threaten others-PM
Reuters: Brevan Howard Not Short Greece; Holds No Italian, Spanish CDS
ETFdb: Three Reasons Why The Copper ETF (JJC) Is Soaring
Reuters: Hong Kong shares hit 1-week low on Fed move, China fear

Any more? Provide a link in comments.  I'm doing a post dedicated to $FXE (Euro Index ETF) and then SPY, EUR/USD, $USDX (Dollar Index), GLD, $Gold (futures), IYT, XLP, QQQQ (tech), 30Y-Treasury Bond Yield and anything else I can think of next. Last but not least, the Tiger Woods apology video (courtesy of Fox).



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