The Traderszone Network

Risk-seeking personalities can be a positive characteristic for American CEOs, but it can lead to disastrous consequences.

Schools are cutting tuition fees because of the economic times. We tell you which ones are cutting prices.

Weekly US energy drilling data from Baker Hughes
– Prior was 406, rising from 396 and 381 in the prior rigs
– Natural gas rigs 81 vs 83 prior
– Total rigs 489 vs 491 prior
It’s the first flat reading or decline in oil drilling rigs since the week of June 10 but given that rigs have risen by 32 in the past month and 90 since the May 27 low, it’s probably to be expected.

Some comments on mechanical policy issues from NY Fed market operations head Potter
– Central banks should ease stigma of their lending facilities
– Hard to shrink balance sheets if rates often near zero
“Recent experience does not suggest that the interbank market is special or that keeping an abundance of excess reserves prevents effective monetary policy implementation,” he said.

U.S.

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The central bank thinks reducing its balance sheet would have a much more destabilizing effect on markets than trying to raise short-term interest rates, Chairwoman Janet Yellen said.
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Jacob and David Wohl are the most entertaining father/son duo in managed futures.