Corporate bond market hot: what's up? While equity trading volumes have dried up in November, stock traders are talking about the avalanche of corporate bond issuance this month... Read More
Cautiously optimistic comments from two British banks this morning: HSBC earnings were better than expected and the tone of the report was upbeat, with bad loans down... Read More
On Wednesday, the Dow broke above the 10,000 level for the first time in a year with bulls driving stocks higher on stronger-than-expected earnings.... Read More
The G7 meeting of finance ministers, instead of an aggressive statement on the dangers of a weak dollar, opted for a mealy-mouth remark that "excess volatility and disorderly movements in FX rates have adverse implications for economic and financial stability." ... Read More