Those who have been told that oil production is booming may be wondering why the prices of oil and gasoline are climbing again.
Author Archives: James_Hamilton
Is this a good time to buy stocks?
With the stock market setting new 5-year highs, I was interested to take another look at some of the long-term fundamentals underlying equity values.
GDP falling again
The BEA released today its estimate of 2012 fourth-quarter real GDP, which declined slightly from the third quarter. How scary is that?
Links for 2013-01-23
Quick links to a few items I found of interest.
A long-run perspective on the U.S. deficit and debt
Federal Reserve Bank of St. Louis economist Daniel Thornton has a new paper looking at long-run factors in the U.S. deficit and debt. His graphs tell a familiar story, but one worth repeating.
Debt-ceiling economics and politics
Let me outsource this topic to some others who’ve said it better than I could.
The near-term U.S. fiscal situation
Here I briefly survey some recent developments.
Understanding risk aversion in financial markets
At the economics meetings here in San Diego this weekend, I learned about some very interesting new research on one of the core questions in finance and macroeconomics that had long puzzled me.
QE3 and beyond
Now that we’ve closed the books on 2012, I thought it might be useful to take a look at where monetary policy has led us over the last four years.
Investment and the business cycle
I fell a little behind on blogging with the holidays, so today I’ll outsource to Calculated Risk.