QUICK OVERVIEW

• The information deprived austerity lemmings from the U.S. Rep./Tea keep marching on - looking for cliffs to go over.

• The Thomson-Reuters/University of Michigan consumer sentiment index rose to 77.6 from a preliminary reading of 76.3. The index is at its highest level since November.

• Inflation in the 17-nation Eurozone fell to 2% in January this year, down from the 2.7% rate for the same month last year.
• Eurozone jobless rate rose by 0.1 points to 11.9% in January
• Spain's unemployment rate reached 26.2% in January

• Macau's February gambling revenue rose 12% YoY
• The Las Vegas Sands Corporation (NYSE:LVS) has disclosed that it probably broke a federal law that forbids businesses to bribe foreign government officials in a filing made with the Securities and Exchange Commission (SEC) on Friday.

• The Institute for Supply Management's manufacturing index climbed 1.1 points to 54.2%, coming in ahead of the 52.5% forecast

• UK's government bond rating cut to Aa1 from Aaa by Moody's

• Lanworth is pegging the Argentine soy crop at 49.6m tonnes, 2.10m tonnes below its estimate two weeks ago.
• USDA’s meaningless new crop prediction: Corn 13/14 ending stocks projected at 2.177 billion bushel, Beans 250 million bushels, wheat 639 million bushels.

• The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.9% in January after jumping 2.4% in December. Tonnage has surged at least 2.4% every month since November, gaining a total of 9.1% over that period. 

  

• Spiegel: I've been in prison for 20 years, but you will never win this war when there is so much money to me made. Never."