Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Monday, June 20, 2011

Rosenberg Daily Soundbites

  • Risk aversion trades, which took a brief respite to close out last week, are back on track today; commodities are softer; the FOMC meeting on Wednesday is the critical event of the week
  • The University of Michigan Consumer Sentiment index fell to 71.8 in June from 74.3 in May, well below the 74.0 that was expected
  • With the yield on the 2-year Greek note around 28%, there is no way that Greece will be able to fund itself during any reasonable time horizon
  • The 2-year U.S. Treasury note has just completed its 10th winning week in a row — the longest streak since 1986
  • IMF downgrades the global economic outlook

No comments:

Post a Comment