What does the reorganization of Bank of America/Merrill Lynch mean for their clients? Matt Levine takes a cynical view.
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Posts Tagged ‘ Merrill Lynch ’
Merrill’s Clients
Inside Merrill’s Dysfunction
Joshua Brown gives us all the reasons Merrill wasn't going to thrive under Bank of America
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Today’s links: Washington tries to step up
Ben Bernanke gives Congress and the President the green light to take steps to stimulate the economy along with a warning: Fortunately, the Fed has some ideas on what they should–and shouldn’t–do. Bernanke’s remarks came with a warning that any fiscal bailout “could prove quite counterproductive” if it’s not done in a timely manner...
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Today’s links: Who has the Power?
Can I ask for some applause for this from Crossing Wall Street? I have to agree with Frederic Mishkin of the Fed: I think there is too much focus on what decision will be made about the federal funds rate target at the next FOMC meeting. What is important for pricing most financial assets...
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Today’s links: The Housing Market
Paper Economy has taken a close look at what it will take to get inflation adjusted housing prices in Massachusetts back to trend over a five year period. It should be noted that for this to happen sooner the decline would have to be deeper (due to inflation doing less of the work for...
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