Links and Reading for March 30th
March 30, 2010 12:00 pm
Some of the more interesting and important items for March 30th :
- BBC News – German economic growth projection cut by IMF – The International Monetary Fund (IMF) has cut its 2010 growth projection for the German economy.<br />
The IMF now expects Europe's largest economy to grow by 1.2% this year, down from its previous estimate of 1.5%.
- Case-Shiller: Still Moving Lower, How Much is A Home Really Worth? : The Disciplined Investor – We saw year over year number down again ( although better than we have seen before and monthly numbers actually tick up slightly).<br />
January S&P/Case Shiller Composite-20 Y/Y -0.7% vs -0.7% consensus, prior -3.1%<br />
Here is what the value of a house looks like using the monthly data of the Case-Shiller Report…. (30% lower would be the average valuation destruction…)
- SEC Will Ask Lehman Rivals Whether They Used `Repo 105s’ to Mask Leverage – And they will say NO and then the SEC will beleive them and all will be fine…
- Risqué Business – First Read – msnbc.com – First Read has verified some of the charges the Republican National Committee approved in its March Monthly report, including almost $2,000 spent at a sex-themed nightclub in West Hollywood, as well as more than $15,000 spent at ritzy Beverly Hills hotels.<br />
First Read also found more than $1,500 in "equipment rental" charges from "Casino Parties" in Tampa, FL.
- Japan retail sales rise 4.2 percent in February (AP) – Nice.,.. Best in years it seems