Annaly Capital Management Announces Monthly Commentary for November
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Pimco’s Gross: No Fed move before 2011 – U.S. economic growth is likely to remain weak in 2010, forcing the Federal Reserve to keep short-term interest rates at current ultra-low levels throughout the year and even in early 2011, influential bond fund manager Bill Gross said on Wednesday. – Reuters
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Paul Kasriel video: What happens after the stimulus spending wears off? – Paul Kasriel, Northern Trust’s Chief Economist, shares his prognosis on inflation, the U.S. dollar and the year ahead.- Northern Trust
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Jim Rogers: Lessons from a Legend – Matthew Bradbard – Last night I took a trip down to Miami to visit with Jim Rogers at a book signing for his most recent book … he spoke a little about the aforementioned book and took questions from the audience. These are the general themes I took away, in no particular order .. – interesting – read on – Seeking Alpha
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4 page report – U.S. Macro Outlook: Less Than Graceful – By Mark Zandi –
• A recovery has begun, but the transition to a self-sustaining expansion will be less than graceful.
• Without more hiring, household income will not support spending growth.
• After the trauma of last year’s financial panic, businesses need time to grow confident about expanding.
• Policymakers must remain aggressive to keep the economy from falling back into recession.
Moody’s – Economy.com