While the plan may not be as big a deal as we thought, the problem still is.
Some questions about the new mortgage plan
Part of this plan sounds like an unambiguously good idea. But most of the coverage I’ve seen is ignoring what should be the key questions.
Is the Dollar Near the Bottom?
Some analysts think so.
November auto sales down modestly
Weakness in autos, but it’s not as bad as it could be.
Has Industrial Production Peaked?
And what would it mean if it had?
The White House and Other Economic Forecasts
On Thursday, the White House released its new forecasts. How does it compare against other forecasts?
Risk premia creeping higher
Since Halloween, financial markets seem to be getting spooked again.
New GDP figures
How bad can things be with almost a 5% growth rate of the real economy?
The Euro as the World’s Reserve Currency: A Progress Report
Back in 2005, Jeff Frankel and I presented a series of projections about the dollar’s role as the world’s dominant reserve currency. We concluded:
…Whether the euro might in the future rival or surpass the dollar as the world’s leading international reserve currency appears to depend on two things: (1) do enough other EU members join euroland so that it becomes larger than the US economy, and (2) does US macroeconomic policy eventually undermine confidence in the value of the dollar, in the form of inflation and depreciation.
A Pocketful of Multipliers
…or putting some bounds on the magnitudes of effects.
knzn at Economics and… had an interesting post the other day on “The Indirect Effects of Export Demand”, which seems particularly germane to the current situation. After all, net export demand is one of the few bright spots in the US economy.