9/16/13…’Summers’ time???

Traderbill's Financial Markets Weblog

Today’s Quote from the Friars Club Encyclopedia of Jokes: “A man cannot be too careful in the choice of enemies.” – Oscar Wilde

Bloomberg Quote of the Day: “It is a great art to saunter.” – Henry David Thoreau

Bloomberg Top Stories:

*Industrial Output in U.S. Expands 0.4% for the Biggest Gain in Six Months

*Summers Drops Fed Candidacy After Senate Democrats Spurned Obama’s Favorite – !

*Dollar Weakens While Stocks Climb After Summers Withdrawal; Oil Declines

*Bill Gross’s Favorite Trade Sours as Bonds Lose Faith in Fed Rate Guidance

*Fed Leadership Doubt Undermines Message on Low Rates as QE Tapering Looms

*Manufacturing in New York Region Expands Less Than Economists Estimated

*Mortgage-Bond Comeback Imeriled as $17 Billion Fannie-Freddie Sale Is Set

*Twitter Outpaces Facebook Getting More Sales From Mobile Advertising

*No Faith in Stocks Blocks China Campaign to Cool Housing Bubble

*U.S. Joins U.K., France Seeking UN Syria Resolution…

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