Navigate: Home Archive: June 2009

Jun 30, 2009, 2:34 PM

The Fed has promised investors that zero interest rates will linger even if the economy picks up, said James Bullard, the president of the Federal Reserve Bank... Read »

Marking 10 Non-Predictions for 2009 to Market

Jun 30, 2009, 10:35 AM

Hard to believe that the year’s half over, isn’t it? Perhaps it’s because Macro Man has had other things to worry about than just markets in 2009,... Read »

Cap and Trade or Cap and Close?

Jun 30, 2009, 10:05 AM

Politics is a dirty business, as is pollution. Mixing the two is a very dirty and potentially explosive proposition. Let’s try to shed some light on this corner... Read »

How Well Do Individuals Predict the Selling Prices of Their Homes?

, , and Jun 30, 2009, 4:43 AM 1

How did we get a housing bubble? This column describes how well households predict the market values of their homes. Most homeowners overestimate the value of their... Read »

PPIP for Community Banks?

Jun 30, 2009, 1:41 AM

The Wall Street Journal had a front page article today on the PPIP, analyzing why it has failed to get off the ground and suggesting that the failure was thwarting... Read »

Big Money in Cap-and-Trade

Jun 30, 2009, 1:36 AM

On Friday, the House of Representatives passed its climate change bill by a slim margin. The bill’s key feature is a cap-and-trade system for greenhouse gases.... Read »

Bank of America: Benefits of Size?

Jun 30, 2009, 1:07 AM

Felix Salmon points out that Bank of America (BAC) can now charge customers overdraft fees ten times a day (up from five). (Read the original Washington Post article... Read »

Municipal Money Market Funds: Caveat Emptor

Jun 30, 2009, 12:10 AM

If and when your money market fund “breaks the buck,” will you be there to collect the change? I believe it is increasingly likely that money market funds will... Read »

Martin Feldstein on Inflation

Jun 30, 2009, 12:07 AM

In a piece written on Monday for the Financial Times, professor Martin Feldstein discusses the rise in Treasury yields and how he sees that rise as an indication... Read »

Wage Deflation: Is the Government Missing the Numbers?

Jun 29, 2009, 11:39 PM

I was at a small family gathering last night (don’t worry, I’m not going to bore you with tales of the newest baby in the family) and virtually every adult there... Read »

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