by Glenn Busch
September 14, 2011
Kyle Bass manager of the hedge fund Hayman Capital and one of today’s leading macro thinkers/investors appeared on CNBC today to discuss his views on a greek default and the European banking sector. Mr. Bass, as always, does not mince words. “Greece has to default,” said Bass. “It’s going to be a hard default, and then it’s going to be difficult to contain this contagion.”
[Read the full article...]
by Glenn Busch
July 15, 2011
The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.2 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.6 percent before seasonal adjustment. The gasoline index declined sharply in June, falling 6.8 percent.
[Read the full article...]