aussiebear Posted August 31, 2007 Report Share Posted August 31, 2007 http://finance.yahoo.com/intlindices Link to comment Share on other sites More sharing options...
aussiebear Posted August 31, 2007 Author Report Share Posted August 31, 2007 http://money.cnn.com/markets/morning_call/ http://www.kitco.com Energy futures Currencies/Au/Ag Link to comment Share on other sites More sharing options...
aussiebear Posted August 31, 2007 Author Report Share Posted August 31, 2007 The Oz stock exchange is experiencing "technical difficulties" so who knows what's going on.... Later (maybe)... Link to comment Share on other sites More sharing options...
aussiebear Posted August 31, 2007 Author Report Share Posted August 31, 2007 Bank of England Loaned 1.6 Billion Pounds at 6.75% Aug. 30 (Bloomberg) -- The Bank of England, acting as the lender of last resort, extended 1.6 billion pounds ($3.2 billion) at its highest interest rate, suggesting commercial banks are reluctant to provide credit after the collapse of the U.S. subprime-mortgage market. The money loaned at the 6.75 percent penalty rate yesterday was the most since July 2, when the central bank advanced 1.93 billion pounds under the standing facility. The facility was last tapped on Aug. 20, when Barclays Plc borrowed 314 million pounds after a loan from HSBC Holdings Plc was delayed. The central bank declined to identify today's borrower or borrowers. The Financial Times reported that it was Barclays Plc. ``When people tap into this facility, it can mean only one thing: liquidity is gone,'' said John Anderson, who manages the equivalent of $3 billion of assets denominated in pounds as head of fixed income at Rensburg Fund Management in London. Link to comment Share on other sites More sharing options...
crazy_ate Posted August 31, 2007 Report Share Posted August 31, 2007 ... Link to comment Share on other sites More sharing options...
crazy_ate Posted August 31, 2007 Report Share Posted August 31, 2007 Anyone catch Kudlow today? I thought he was going to blow a gasket because Battapaglia and the older English gentleman kept refuting -- and with expertise -- Kudlows Goldilocks Fed Cut Plan. The more venerable gentleman kept saying something about all the "whining and crying about rate cuts while we still have inflation and 4% growth... its rubbish... won't do any good, its pushing on a string." Battapaglia was right in there with him. HA! 604379[/snapback] Haus....you're on point......the Brit is John Browne and he is VERY good IMO....I can't believe that the Krudster still lets him on the show. But it is for that very reason (John Browne, Battapaglia, et. al.) that I can't completely dump on the Krudster.....it may not be "fair and balanced", but he does give the "other side" an opportunity to present their case.....albeit, I am sure he wouldn't if not told to do so by the producers of the show.... Link to comment Share on other sites More sharing options...
cwd Posted August 31, 2007 Report Share Posted August 31, 2007 Anyone catch Kudlow today? I thought he was going to blow a gasket because Battapaglia and the older English gentleman kept refuting -- and with expertise -- Kudlows Goldilocks Fed Cut Plan. The more venerable gentleman kept saying something about all the "whining and crying about rate cuts while we still have inflation and 4% growth... its rubbish... won't do any good, its pushing on a string." Battapaglia was right in there with him. HA!? 604379[/snapback] Haus....you're on point......the Brit is John Browne and he is VERY good IMO....I can't believe that the Krudster still lets him on the show. But it is for that very reason (John Browne, I thought they only released good news. Maybe that wad good news. , et. al.) that I can't completely dump on the Krudster.....it may not be "fair and balanced", but he does give the "other side" an opportunity to present their case.....albeit, I am sure he wouldn't if not told to do so by the producers of the show.... 604437[/snapback] They have to give the Bears a couple of minutes so they can claim FAIR and Balanced,or is that another network? I don't what caused Joe Battapagliato to switch from a raging bull during most of the tech wreck into a bear as the market started back up. He sounds like a stoolie. Link to comment Share on other sites More sharing options...
alceringa Posted August 31, 2007 Report Share Posted August 31, 2007 Bank of England Loaned 1.6 Billion Pounds at 6.75% Aug. 30 (Bloomberg) -- The Bank of England, acting as the lender of last resort, extended 1.6 billion pounds ($3.2 billion) at its highest interest rate, suggesting commercial banks are reluctant to provide credit after the collapse of the U.S. subprime-mortgage market. The money loaned at the 6.75 percent penalty rate yesterday was the most since July 2, when the central bank advanced 1.93 billion pounds under the standing facility. The facility was last tapped on Aug. 20, when Barclays Plc borrowed 314 million pounds after a loan from HSBC Holdings Plc was delayed. The central bank declined to identify today's borrower or borrowers. The Financial Times reported that it was Barclays Plc. ``When people tap into this facility, it can mean only one thing: liquidity is gone,'' said John Anderson, who manages the equivalent of $3 billion of assets denominated in pounds as head of fixed income at Rensburg Fund Management in London. 604412[/snapback] Yup, Barclay's. Barclay's claimed it was a "technical glitch" that caused the need for funds and there are "no liquidity problems" in the UK banking. I'm so relieved. Nothing to see here, folks. Just move along. Link to comment Share on other sites More sharing options...
aussiebear Posted August 31, 2007 Author Report Share Posted August 31, 2007 Ooh, quite a determined push north today by the looks but data reverted to zero at market close so I'm unable to quote any figures. Guess there's a mob of tech ppl working on the system... So we'll just move right along to UK/Europe: http://finance.yahoo.com/intlindices?e=europe Link to comment Share on other sites More sharing options...
Goldmember Posted August 31, 2007 Report Share Posted August 31, 2007 I look at the increased volatility these days and these short term swings have been awesome. At the White Shoe firms, I would have to imagine that since the structured finance products Boyz can't be producing the lion's share of quarterly income, the pressure has to fall onto the schlock Boyz at the Prop desk. Black Box hot rodding at it's finest. Should this increased volatility continue with wild 2-4 day extreme swings, Da Boyz schlinging schlocks and fucutures are gonna be relied upon more than ever than Duh Boyz over at Structured Ponzi Division. I would have to imagine the bonus sharing allocations may be in for adjustments as well these firms. Link to comment Share on other sites More sharing options...
Peek Paper Posted August 31, 2007 Report Share Posted August 31, 2007 THe plutocrats taking advantage of a slow market day to make some Happy Print. The talk today will be as good as it gets, and The Street knows that. Equivocation (a market stall) will flush this thing. Maybe they'll levitate it through next Tuesday. Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2007 Report Share Posted August 31, 2007 If you want to know why Buttaplugia switched sides, do a Google search for "joe battipaglia". How would you like it if the first thing thousands of people saw about you was that? Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2007 Report Share Posted August 31, 2007 In this the year of their record breaking 10,000th loss, the Phillies are going to the World Series, and they are going to win it. Poetic justice. See you at The Vault! Link to comment Share on other sites More sharing options...
DrStool Posted August 31, 2007 Report Share Posted August 31, 2007 Good Morning! Welcome to Intraday Stool! Thanks to aussiebear for her daily opening! You can join the discussion by registering (PG rated user names only, please) and posting here as well. Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply. If you have questions about how to register and post, use the Help link in the menu bar at the top of the page. If you know others who might be interested in joining us, use the email to a friend link above the thread. Many tanks for joining us! Doc Try the Professional Edition risk free for thirty days. If, within that time you don't find the information helpful, I'll give you a full refund. It's that simple!Click here for more information. Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $39 quarterly. Try it risk free for 30 days! Get this indispensable daily analysis and support the Stool! Link to comment Share on other sites More sharing options...
Lemur Posted August 31, 2007 Report Share Posted August 31, 2007 http://biz.yahoo.com/ap/070831/bush_housing_slump.html?.v=2 Bush to Outline Aid to Mortgage Holders Friday August 31, 6:22 am ET By Deb Riechmann, Associated Press Writer Bush to Offer Federal Help for Strapped Mortgage Holders, Aid Borrowers Hit by Housing Slump Two weeks ago Ben bailed out the PUT sellers. What's next. Maybe, the PPT will promise to fix people's love life so that everybody will go home happy. Should work. Link to comment Share on other sites More sharing options...
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