Herewith an update on how the
2008 NCAA Bracket Econbrowser Challenge stands after round 1.
Author Archives: James_Hamilton
More bad news
More confirmation that the slowdown in housing has spilled over to manufacturing.
NCAA Basketball: Day 1
We seem to have no fewer than six separate entries in the 2008 NCAA Bracket Econbrowser Challenge with a perfect score so far, having accurately predicted the outcome of all 16 of the first night’s basketball tournament games. And five of those perfect entries all seem to have been submitted by a certain M. Goodrum.
Hmmm… this guy could be tough to beat.
2008 NCAA Bracket Econbrowser Challenge
Less than 21 hours left to sign up for the 2008 NCAA Bracket Econbrowser Challenge. Register and fill in your bracket both at this link.
Another 75
How much ammo is left in that fed funds gun?
Not a bailout
How shall we describe what happened this weekend with Bear Stearns? The first big casualty of the credit crisis, yes. Bailout, no.
March madness
No, I’m not talking about the credit markets– I’ll take those up in my next post, I promise. But first I need to discuss something really important, namely, the men’s college basketball tournament.
TSLF
Last week the Fed announced yet another new measure to deal with the ongoing problems in credit markets in the form of a just-created
Term Securities Lending Facility, which we’re apparently invited to refer to affectionately as a TSLF.
Looking even more like a recession
The Census Bureau announced yesterday that the seasonally adjusted nominal dollar value of retail and food services sales fell by 0.6% between January and February, the worst monthly performance since June’s -0.8% value.
Asking too much of monetary policy
I remember a Federal Reserve economist once recounting a conversation with his young daughter, who asked him, “What do you do at work, Daddy?” He answered, “I help make important decisions.” “What kind of decisions, Daddy?” “Oh, things like how much money the government needs to print.”