FA Notes June 17, 2011
University of Michigan consumer sentiment 71.8 vs. 74.5 est., 74.3 prior
Leading indicators 0.8% vs. 0.2% est., –0.3% prior
MCP – Prices of some rare earths went up a lot in last 2 weeks as China tightens controls again. Link
Profile on $6B “doomsday” hedge-fund manager Mark Spitznagel. Link
Mark Spitznagel old WSJ opinion editorial on the financial crisis. Link
China short-sellers bragging about their gains. Link
Euro – Germany’s Merkel backs down agrees to voluntary Greece bond holder role. Link
CSTR – Redbox rolls out its video game rental service nation-wide. Link
People’s Bank of China says 16,000 to 18,000 state and local officials stole $123 billion out of China in in the last 15 year or so years. Link
Today’s POMO $1.5-2 billion