US BUDGET: CBO's paper on "Federal Debt and the Risk of a Fiscal Crisis" has been posted at http://www.cbo.gov/doc.cfm?index=11659. The paper says growing the debt too much could raise risk of a sudden crisis caused by a spike in rates.
--UK BRC Aug Shop Prices Up 1.7% y/y vs Up 1.5% y/y Jul --UK BRC Aug Shop Prices Up 0.1% m/m vs Down 0.1% m/m In Jul --UK BRC Aug Food Prices Up 3.8% y/y; Non-Food Up 0.5% y/y --UK BRC Aug Food Inflation Highest Since July 2009 ...continued
US DATA: The ABC News Consumer Comfort Index was a -43, lowest since early July, in the Sept. 5 wk, vs. -45 the prv wk. The nat'l econ index was -78, same as the prv two weeks. The personal finances index improved to a -6, again the best since earl ...continued
US ABC NEWS CONS COMFORT INDEX -43 SEPT 5 WK VS -45 PREV ...continued
US STOCKS: Altera (ALTR) lifts Q3 sales guidance to a sequential gain of 10% to 14% vs prior guidance of +4% to +8%. The specialty chip maker says growth is broad with special strength in telecom and the wireless vertical market. A +12% midpoint would p ...continued
WIESBADEN, Germany (MNI) - Eurozone growth in the second half of this year will slow following the "astounding" performance in the second quarter, European Central Bank Executive Board member Juergen Stark predicted Tuesday. "It is clear that we are p ...continued
