Google Analytics

Tuesday, December 11

11th Dec - US Close: Fiscal Cliff & FOMC



Previously on MoreLiver’s:

Follow ‘MoreLiver’ on Twitter or Facebook 

Roundups and Commentary
Markets – Between The Hedges
The Closer – alphaville / FT

Tomorrow’s Tape: Let's Twist Again – WSJ
Morning Briefing (Asia): – BNY Mellon
US: Stocks "Off The Highs" And Credit "At The Lows" – ZH

Reference
Debt crisis live – The Telegraph
The Euro Crisis Blog – WSJ
Tracking Europe’s Debt Crisis – NYT
FX Options Analytics – Saxo Bank
European 10yr Yields and Spreads – MTS indices
Economic Calendar – Forexpros

EUROPE
In Euro Zone, Challenging London as the Continent’s Financial CapitalDealBook / NYT
 
3 Unorthodox Ways to Solve Europe’s Debt CrisisDealBook / NYT

UNITED STATES
Disappointing Trade ReportTim Duy’s Fed Watch
While I do not believe the US economy is in recession by any stretch of the imagination, I am under no illusions about the lack of underlying momentum.  Slow and steady, in my opinion.  But slow also means more vulnerable

The recovery: In search of "natural" velocityFree exchange / The Economist
A change in the trajectory of recovery can only occur when markets expect growth to be faster in the future and adjust their behaviour in the present accordingly. The question is: what sort of change in economic conditions will generate such a shift?

  FISCAL CLIFF
The Fiscal Cliffreason
A forum on America’s impending budgetary doom and what to do about it

The Debt-Celing GambleTim Duy’s Fed Watch
Better - from a political point of view - to have a recession at the beginning of President Obama's second term that can be blamed entirely on the Republicans.

The Fiscal Cliff: What Is Success? Macro and Markets

As U.S. Approaches Debt Limit, Treasury Readies ‘Extraordinary’ Measures WSJ

  FED WATCH
FOMC Preview: New monthly purchases likely after Operation TwistSaxo Bank

Jobs, triggers and the FedMacroScope / Reuters
The unemployment rate alone cannot capture the state of the labor market. Friday’s report show why.

Fed Seen Buying More BondsWSJ

Relatively flat base growth and slowing M2 (though less relevant) makes us think the Fed will remain aggressive.

Follow ‘MoreLiver’ on Twitter or Facebook