Another one bites the dust! Reports from the Wall Street Journal indicate that Washington Mutual (WM) are ousting their CEO, Kerry Killinger, this evening. Seems like as the government is doing some housekeeping, some of the other financial instituions are as well. Tomorrow’s going to be extremely interesting in terms of market action. Now I’m [...]
This morning, PPI and PPI Core numbers were released for the month of March. PPI came in at 1.1%, about 0.5% higher than estimates. PPI Core came in line with estimates at 0.2%. For a quick recap of PPI and PPI Core, here’s a link to the PPI homepage at the Department [...]