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Tuesday, July 19, 2011

Monetary

News                                                                                                                             
Bloomberg | Canada’s Dollar Extends Gains as Central Bank Adjusts Rate-Increase Timing
The loonie, as the currency is nicknamed, reached a two- month high against the greenback as global stocks and crude oil rose, boosting demand for riskier assets.

Econ Comments                                                                                                             
Fox News | Lockhart: Fed in 'Wait and See' Mode on Further StimulusLockhart: Fed in 'Wait and See' Mode on Further Stimulus.
Minyanville | Monetary Stimulus, Lack of Will Could Doom US Economy
At some point you have got to remove the life support and determine if the patient can survive on its own breath.