Deutsche Bank's Federal Reserve 'Hawk-O-Meter'
The composition of the Federal Open Market Committee has been tweaked for the new year.But fans of loose monetary policy need not worry."The overall profile of voting members of the FOMC does not...
View ArticleBen Bernanke's Fingerprint Is Clearly Present In The Current Rally
For the last four years the Federal Reserve has been actively engaged in supporting the stock market by suppressing interest rates to historically low levels, and injecting liquidity into the financial...
View ArticleIt Looks Like Europe Is Going Off The Solar Energy Demand Cliff
Ever since the German government started subsidizing solar energy, demand for solar installations went up like clockwork, towards the end of each year.But recently released data from German regulators...
View ArticleOld People And Inflation Will Make Health Care Much More Expensive In America
Government spending on health care related programs is expected to nearly double as a share of GDP by 2035, according to a report by Deutsche Bank.And it isn't just because there are going to be way...
View ArticleJeff Gundlach's Favorite Investment Book Of All Time
On Tuesday, bond god Jeff Gundlach unveiled his 2013 market outlook via a webcast.During the Q&A, Gundlach was asked for his favorite investment book of all time.Without hesitation, he said it was...
View ArticleSome Simple Accounting Can Give Us A Few Trillion Dollars Worth Of Debt...
Happy New Year to all.A lot of fanfare and hoopla about a non-existent debt ceiling has captured the imagination of the press, the Tea Party, and even the President. The United States of America is...
View ArticleGARY SHILLING: We're In For Another 5 Years Of Painful Deleveraging
The current domestic and global investing environment is dominated by deleveraging, according to Gary Shilling. In other words, households and institutions are slashing the debt on their balance...
View ArticleGoldman's Top Economist Answers 10 Key Questions About The Economy In 2013
Some short excerpts from a research note by Goldman Sachs chief economist Jan Hatzius:1.Will the 2013 tax hike tip the economy back into recession? No. To be sure, it will likely deal a heavy blow to...
View ArticleChris Hayes' Brilliant Explanation Of Money Is One Of The Best Things We've...
I was fortunate enough to be invited onto Up W/ Chris Hayes this morning to talk about, yes, the trillion dollar coin.I'm not going to be so arrogant as to say that I said anything brilliant, but...
View ArticleHere's What Will Happen If We Don't Raise The Debt Ceiling
The United States has already hit its debt ceiling--the legal limit of the amount of money it is allowed to borrow, as established by Congress.Right now, the U.S. Treasury is resorting to...
View ArticleBill McBride Of Calculated Risk Has Put Together A Wonderful Guide To The...
Another reminder about why the economics blog Calculated Risk is so indispensable if you want to really understand what's going on in the economy.Bill McBride (the blog's author) has put together a...
View ArticleGoldman's Jan Hatzius Answers The 10 Most Important Questions For 2013
Goldman's Jan Hatzius is out with his list of the 10 most important questions for 2013.Here are the questions, and his answers (his actual note spells out the answers much more elaborately, but we're...
View ArticleCOINTASTROPHE: White House Rules Out The Trillion Dollar Coin Option To Break...
Stunning news from WaPo's Ezra Klein: The Treasury is ruling out the use of a trillion dollar platinum coin to break the debt ceiling impasse.Klein writes:That’s the bottom line of the statement that...
View ArticleThe Congressman Who Jump Started 'Mint The Coin' Criticizes The White House...
Democratic Rep. Jerry Nadler, the Congressman who first promoted the idea of the Federal Reserve minting a trillion-dollar platinum coin to work around the debt ceiling, said Saturday night that its...
View Article'The Birthday Problem' Shows How Terrible We Are At Estimating Probability
In business school I had to take an introductory class in statistics that we colloquially called "D&D." The official course name was Data & Decision-making.In retrospect, it was a truly...
View ArticleChina's Auto Growth Comes To A Screeching Halt
The theory about the success of large global car manufacturers has been that as they lose sales ground in Europe, China should more than make up for the drop. The U.S. market has been strong enough to...
View ArticleThe 15 Best Charts Of The Week
The world is changing, and nowhere can that be seen better than in a good series of charts.Luckily, despite the relative shortage of market-moving headlines, we've seen no shortage of excellent charts...
View ArticleThe Fed Killed The Trillion Dollar Coin — And That's Slightly Disturbing
Who killed the trillion dollar coin?According to Zeke Miller at Buzzfeed, talking to a Senior White House source, it was the Fed.But it was the Federal Reserve that killed the proposal, the official...
View ArticleThe True Story Of The Time JP Morgan Saved America From Default By Using An...
By now you've probably heard the Treasury say they will not be minting a $1 trillion coin to help the U.S. avoid the debt ceiling.But the federal government exploiting obscure loopholes under moments...
View ArticleThe 17 Biggest Risks To Our Hyperconnected World
Climate and governance dominate the World Economic Forum's eighth-annual Global Risks report published this week."Dynamism in our hyperconnected world requires increasing our resilience to the many...
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