Courtesy of Tyler Durden
- Nationwide strike paralyzes Greece, clashes between rioters and Police begin (WSJ, Bloomberg)
- Protests have spread to Spain (El Pais, h/t Paul)
- Dutch snap elections scheduled for June 9 (FT)
- Geithner may give regulator leeway in applying volcker rule (Bloomberg) – Note: Vince Reinhart is co-author of the seminal “Conducting Monetary Policy at Very Low Short-Term Interest Rates” in which the Fed considered buying equities and foreign sovereing bonds
- Reinhart: Bernanke’s confidence game (The American)
- Home purchase loan demand at lowest since 1997 (Reuters)
- Does financial innovation lead to economic growth (Economist)
- Iron ore derivative traders bet on tipping point (Bloomberg)
- Martin Wolf: The world economy has no easy way out (FT)
- Junk debt wall to trigger US defaults, Bank of America says (Bloomberg)
- ECB: Greece will need money but less than expected (Eurointelligence, La Repubblica, h/t Paul)
- Hong-Kong Luxury Home Tax May Drive Speculators to Mass Market (Bloomberg)
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Bernanke Monetary Policy 2004.pdf | 236.22 KB |