Friday, March 19, 2010

Catalysts to Watch ....Greenspan due to speak at 11:50amET..Obama is due to speak...Bernanke $SPX

Catalysts to Watch

·         Greenspan due to speak at 11:50amET at the Brookings Inst – will present a paper defending his record as Fed chief.  “In his paper, entitled The Crisis, Mr Greenspan admits that regulators underestimated the scale of the asset price bubble. But he attributes the failing, among others, to overseas regulators, the US credit rating agencies, financial houses and mainstream economics”.  FT    http://www.ft.com/cms/s/0/ebfb0d8e-32eb-11df-bf5f-00144feabdc0.html  

·         Obama is due to speak @ 11:30amET on health care today

·         Quad witch/rebalance - Fri 3/19 promises to be a very volatile day as we will have a quad witch along w/the S&P rebalance. 

·         Bernanke will be speaking on Sat 3/20 at 9amET at a community bankers event in FL. 

·         Health Care – House could vote as soon as Mon. 

Economics Calendar

·         Friday, Mar. 19th: US (n/a); Eurozone (German PPI); Other (Canada CPI, Retail Sales).

Corporate Events Calendar

·         Fri Mar 19: earnings before the open (PERY

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