Tuesday, February 19, 2013

DailyMarkets.com - “White House Could Grant Mary Jo White A Waiver From Ethics Pledge”

DailyMarkets.com - “White House Could Grant Mary Jo White A Waiver From Ethics Pledge”


“White House Could Grant Mary Jo White A Waiver From Ethics Pledge”

Posted: 19 Feb 2013 03:04 AM PST

If Mary Jo White were to be confirmed as the new head of the SEC, might she be the most conflicted individual to be our nation's chief financial cop since the first person to occupy that seat, that being Joe Kennedy himself?
The White House and Washington would like to position Ms. White's confirmation as nothing more than a formality. Our democracy deserves better than that.
Why would President Obama nominate an individual to the critically important position as head of the SEC who may … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Feb.19, 2013: China Central Bank Taketh Away Liquidity – First Time In 8 Months

Posted: 19 Feb 2013 02:46 AM PST

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

China central bank taketh away liquidity – first time in 8 months (MarketWatch)
BOJ Jan Min: A few members: Can buy up to 5-year JGBs (MNI)
Polish central bankers to reassess policy – governor (dow … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

A Reply To The Ritholz Secular Bear Question

Posted: 18 Feb 2013 12:03 AM PST

I haven’t had the time, but I had been meaning to write a reply to Barry Ritholz’s posts last week where he indicated that he believed that the secular bear market that began in 2000 was in the process of ending (see Explaining My Position on Secular Bear Markets). His caveat was:
I DO NOT KNOW IF ITS OVER. It could be, but I suspect it is not. I do think that it is in the process of coming to an end, and that's why I used the baseball metaphor of in the 7th inning.

Note: "Coming to an … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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