Sunder’s List

On why Bane buying puts to bankrupt Batman makes no sense. (Atlantic)

Eurozone back to the forefront: Spain (the country) might need a bailout; Greece might get kicked out; Spain and Italy ban short-selling of financial sector stocks. (MarketWatch, WSJ, MarketWatch)

The market action yesterday: Japan -1.86%;. Hong Kong -2.99%. China -1.26%. Euro Stoxx 50 -2.65%, London -2.1%, Paris -2.9%, Frankfurt -3.2%, Milan -3%, Madrid -1.2%. Dow -0.69% (up from -1.12% intraday) to 12729. S&P -0.86%. Crude -3.7% to $88.39.

Paulson: The chance that the Euro will unravel in three months to two years is 50% (Bloomberg)

The share of the US corn crop in poor or worse condition is the highest for this week of the growing calendar since the devastating drought of 1988. The 2012 June-July period is “on pace to becoming among the driest and hottest since 1895.” (FT)

HSBC cashing in its chips: After divesting Axis Bank and Yes Bank, its now getting rid of its 5% (approx.) stakes in Karnataka Bank and Federal Bank (ET) Could this be prescient market timing?

Good luck!

[stockquote]AXISBANK[/stockquote] [stockquote]YESBANK[/stockquote] [stockquote]FEDERALBNK[/stockquote]

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