Monthly Archives: March 2012

Great piece from Jim Bianco of Bianco Research this morning (courtesy of the Big Picture blog): Through Q4 2011, nonfarm nonfinancial corporate businesses held $2.23 trillion in liquid assets on their balance sheets. As the bullish argument goes, this must … Continue reading →

Today the Economic Cycle Research Institute issued a release with the below chart and a report reiterating their 2012 recession call. For those hoping that more liquidity injections to the banking system can avert this outcome, the ECRI is unequivocal: … Continue reading →

As soon-to-be departing Treasury Secretary “Tiny” Tim Geithner surveys a doubtless array of plum job offers in investment banks, we liked this article this morning on the revolving door that has been allowed to swing both ways so freely between … Continue reading →