Blog Archives

US Economy (EoD Review): 3 year Auction, Santorum quits race

The hiring reports were the toast of the market with the 3.5 mln new hiring in February creating a new rush order interest in the markets, volumes rising 60% on the NYSE. The number of unemployed in the economy for

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Posted in Amitonomics, Banking, US

Pelosi Amendment (STOCK ACT) signed into law | Insider Insight

The new law prohibiting Insider Trading on Capitol Hill i.e. among lawmakers and administrators privy to details of industries and upcoming regulations is to be signed by the President int he next few, ending an Era of ridiculous promiscuity when

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Posted in Amitonomics, Financial Markets

US Economy: A 13 bp rise in retail Home loan rates hurt!!!

The Purchase and Refi indices crashed -1% and -9% for a composite downtick of 7.4% this week even as 3 in four mortgage applications were from Refi last week. Illinois in the meantime had a resounding 46% mandate for Romney,

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Posted in Amitonomics, Banking, Europe, European Sovereign Debt crisis, Global, US

Iran Sanctions: Addendum : IEA / SPR withdrawal refuted

It seems that cat got the whitehouse’s tongue after the reaction to its withdrawal with the UK from the Strategic Reserves was pretty muted ( zerohedge mentions it as less than $2 to barrel ) CSX up 7% despite weak

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Posted in Amitonomics

Xi Jinping tries to revive the South China Sea phantom? | China Review & Insight

XI Jinping’s military background and his closeness to the PLA may have been brushed off, after talks yielded him a segue into the US military intentions questioning US’s new push in region including a Military base in Australia. It is

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Posted in Financial Markets

Expectations from Xi Jinping’s visit to USA | China Review & Insight

The future President of China flew into Andrews Airbase this afternoon looking to add a schedule of basketball in Los Angeles and visit a family in Iowa. He will also have dinner with senior officers on Monday incl Henry Kissinger,

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Posted in Financial Markets

Bloomingdale, Saks gets a shopping visa | Shopper Insight

Bloomingdales, Saks and Macys scored on the fortunes of Chinese Luxury shoppers used to the crowds of Hongkong and Singapore or the relative luxury of Paris and Rome. The new year began with Barack Obama, giving a deadline to the

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Posted in Financial Markets

State of the Union: Obama to set up Financial Crimes Unit

* Obama to set up a Financial Crimes Unit  to investigate “abusive lending and packaging of risky mortgages that led to the housing crisis” * Obama to ask his AG to form a committee of SAGs to oversee crimes in lending

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Posted in Amitonomics, Bailout Nation, Banking, US

A year to assess the relevance of American Exceptionalism

See larger image A Nation Like No Other: Why American Exceptionalism Matters (Hardcover) By (author) Newt Gingrich List Price: $29.95 USD New From: $0.07 In Stock Used from: $0.01 In Stock Release date June 13, 2011. ..available on your Kindle

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Posted in Amitonomics, US

US Politics: The GOP elephant mongering:: The Gingrich – Romney wars

As the Republicans pin their hope on a Big time consultant entering the whitehouse to solve their problems, Obama gets a clear line of defense for an easy re election bid that is likely to keep markets buoyant Here’s the

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Posted in Amitonomics, US
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