Google Analytics

Tuesday, February 19

19th Feb - US Close

”Haaparanta on idiootti, joka ei tajua yhtään mistään asiasta kerta kaikkiaan yhtään mitään. Haaparanta uskoo keynesiläisiin paskateorioihin, joihin kukaan muu ei ole uskonut 40 vuoteen.” 

– Nimetön itävaltalaista tunnustava naamakirjassa. Ilmeisesti häntä harmitti, että Haaparanta moitti ja suorastaan vinoili komissaari Rehnin pyrkimyksille vaientaa säästötoimiin kohdistunutta kritiikkiä.

Previously on MoreLiver’s:

Follow ‘MoreLiver’ on Twitter or Facebook

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

Tomorrow’s Tape: Housing Starts, FOMC Minutes – WSJ
Morning Briefing (Asia): Risk Appetite Rebounds After G20 – BNY Mellon
US: Dow & S&P Surge To New 5-Year Highs, USD Unch – ZH

Deal struck on eurozone budget rulesBrussels blog / FT
A missing piece in the eurozone’s newly strengthened fiscal defence is poised to fall into place after a compromise was struck between national governments, members of the European Parliament and the European Commission over new budget rules.

Italy Vote Nears, Spurring Noise and a Tinge of PanicWSJ
Italy’s election campaign has become more and more combative just as it’s increasingly likely that no simple majority will be formed, requiring post-electoral coalition forging.

The Saver’s DilemmaProject Syndicate
Michael Pettis: For nearly a decade prior to the eurozone crisis, capital from high-savings countries like Germany flowed to low-savings countries like Spain. If the rebalancing that is now necessary occurs only in Spain and other low-savings countries, the result, as John Maynard Keynes warned 80 years ago, must be much higher unemployment.

A eurozone safe against, or is it safe for, sovereign holdouts? Part onealphaville / FT
A eurozone safe against, or is it safe for, sovereign holdouts? Part twoalphaville / FT

And the Pressure on the Bank of Japan RisesTim Duy’s Fed Watch
Hit a 2 percent target, or your independence (what little you have left) is history.  Abe doesn't comment on current policy, but "hints" at some future policies

361 Capital Weekly Research BriefingThe Big Picture

The G-7, the G-20 and Exchange RatesCFR

Minne Suomea viedään?Kalle Isokallio / IL

Sisäpiiriläinen kertoo: Miljoonien rahavirrat puolueilleIL
Vaalirahoituksen salat tulivat tutuiksi Jorma Heikkiselle jo 1970-luvulla.

Sosiaalinen media, Jyrki Kasvi ja naisvihaHannu Visti

Follow ‘MoreLiver’ on Twitter or Facebook