The Day Today

"The Day Today (Friday edition)"

* What Geithner Remembers and Investors Forget as Market Calm of ’07 Returns. ‘Yet just six years on and with zero-interest rates still in place, there’s talk of a Great Moderation 2.0,…

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"The (Election) Day Today" - 22 May 2014

* Russia signs $400bn gas supply contract with China – Gazprom will provide 38bn cubic metres of natural gas over a 30 year period  http://on.ft.com/1oUYIEp
 
* BBRG: The euro region maintained its uneven recovery this month as Germany helped drive a surge in services activity that offset a slowdown in manufacturing across the bloc….

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"The Day Today" - 21 May 2014

* Fed’s Dudley gave a key speech on what actually will happen when the exit begins, covering in detail more about the reverse report market the Fed could use to withdraw liquidity….

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"The Day Today" - 19 May 2014

* Ben Bernanke (remember him?) has been spreading the word about “lower for longer” at a series of $250k dinners with wealthy investors. One attendee claimed Ben had said rates would be unlikely to reach the long term average rate of 4% during his lifetime….

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