Monthly Archives: January 2009

Tuesday, January 27th 2009

$40bil 2yrs to bid on as the Fed starts its 2day meeting. We think the market has been doing its best to accommodate supply rather than sending us some sort of bigger picture signal. Yesterday’s 20yr TIPs auction did leave … Continue reading

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Monday, January 26th 2009

We get the joke and the data earlier in the morning was certainly not so bad. Rather than suggest the bottom in housing is IN, we’d consider it more along the lines of the housing market attempting to find a … Continue reading

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Friday, January 23rd 2009

GE earnings are out and we did NOT reference them in our note. It appears they came in at/around the lower end of most recent guidance and that they were NOT worse, that’s being taken as a good sign. Somehow … Continue reading

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