Thursday, February 1, 2007

Evening State of Play - Mommy, What Happens If Ecuador Defaults?

I'm going to do something different tonight.

First, nothing unusual going on in the markets... everything is quietly simmering WRT to U.S. stock futures, energy, metals, dollar, U.S. bonds.

Economist Nouriel Roubini addresses the Ecuadorian debt default question and the yen carry trade problem... excellent reading here:

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