Frontrunning: November 16
Courtesy of Tyler Durden
- Retail sales ex-autos at 0.2%, miss expectations of 0.4%, huge downward September revision (AP)
- Evans-Pritchard: China has now become the biggest risk to the world economy (Telegraph)
- Remember Europe? Greek bonds decline, spread with bunds widest in four months (Bloomberg)
- NY $10 billion budget gap looms as lawmakers returns to Albany (Bloomberg)
- Obama talks human rights, censorship with Chinese students but event is not broadcast nationally (ABC)
- GM reports $1.2 billion loss, generates $3.3 billion in cash courtesy of CfC and other subdisides that keep it out of liquidation, threatens to pay back government loan back with more government money (Bloomberg)
- UBS’s debt trading may be key for profit revival (Bloomberg)
- Reid’s health overhaul bill likely to split senate democrats (Bloomberg)
- Airbus parent EADS swings to loss, provides no guidance for year (MarketWatch)
- Reviewing the dollar’s outlook (Brown Brothers Harriman)
- Niall Ferguson: The great wallop (NYT)
- The debt economy (New Yorker)
- If this is a recovery, where are the taxes? (Mauldin)
- Are stocks forming a major top? (CCM)
- Lowe’s misses earnings, profit plunges 30%, provides weak Q4 guidance (MarketWatch)
| Attachment | Size |
|---|---|
| BBH Dollar Outlook.pdf | 27.32 KB |
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