Budget Battles & Reality Checks
Earlier this week, MarketWatch’s Rex Nutting wrote that the “Obama spending binge never happened” and that federal government outlays have recently... Read »
Governments Don’t Have Brains
Why did the US government develop all sorts of policies, regulations, tax breaks, etc, which tended to subsidize the real estate industry? Most smart people respond... Read »
The Fed and the Fiscal Cliff
Ryan Avent has an ambitious post, in which he claims the Federal Reserve will resist proclaiming it has the tools to offset the fiscal cliff, should it even occur: The... Read »
Is The Decline In New Jobless Claims Losing Momentum?
For the fourth time in as many weeks, today’s update on initial jobless claims shows that new unemployment filings are hugging the 370,000 neighborhood on a seasonally... Read »
Upward Housing Market Trends Bring Optimism
Last December I wondered if the housing market was finally poised for a sustainable recovery after years of retreat. There were signs for thinking optimistically... Read »
The Three Faces of Postcrisis Monetary Policy
The latest edition of the San Francisco Fed’s Economic Letter (written by Michael Bauer) has a nice review of the different channels through which the Fed’s... Read »
Housing Showdown: Bear Shilling vs. Bull Kiesel
Housing bear Gary Shilling and housing bull Mark Kiesel of PIMCO debated the state of the U.S. housing market on Bloomberg Television’s “Street Smart” with... Read »
Calm Before the Storm?
A relatively calm start to the week. Can it last? Almost certainly not. It will get worse before it gets better. A few themes popped since last Friday that... Read »
Ignore Competitiveness?
Wolfgang Munchau in the Financial Times argues that competitiveness is not the real problem of Southern Europe and that internal devaluation is not the solution.... Read »
Staring At The “Fiscal Cliff”
Does the government that governs least also govern best? The famous quote will be put to the test if Congress and the White house don’t resolve the “Taxmageddon”... Read »
| INDU | 0.00 | |||||||
| NASDAQ | 2837.53 | |||||||
| S&P 500 | 1317.82 | |||||||
| DJIA Fut | 12425.00 | |||||||
| Nasdaq Fut | 2526.00 | |||||||
| S&P Fut | 1315.00 | |||||||
| Oil Fut | 105.68 | |||||||
| Gold Fut | 1658.50 | |||||||
| Nikkei | 8580.39 | |||||||
| Shanghai | 2333.553 | |||||||
| UK | 5351.53 | |||||||
| France | 3047.94 | |||||||
| Germany | 6339.94 | |||||||
-
Blog Roll
-
Blog Roll (Random)
