Where the ex. oil trade balance is going, and what trade prices are doing.
Here and there around the web
A few items catching my eye around the web this week, including probability of recession, progress on refining capacity, and Greg Mankiw and his dog.
The dollar and interest rate expectations
What can one read from asset responses to “news”
Saudi oil production
There’s something fishy about the story in Monday’s Wall Street Journal.
Bernanke tells it like it is
Once again I recommend the most recent statement of our Federal Reserve Chair as some of the finest economic analysis you will find anywhere.
Learning (or non-learning) from the Classical Age
Or, what if George W. Bush had lived in 480 BCE; would we all be speaking Persian?
Indications of slower growth
This week’s data paint a picture of slowing growth.
Does a new economic team mean a new economic policy?
Henry Paulson has been nominated to the position of Secretary of Treasury. Will it matter?
M3 or not M3?
In response to a post earlier this week on M2 and inflation, one of our readers asks why I looked at M2 rather than M3. Here’s the answer.
The Euro, the Dollar and Globalization
Thinking about some big global macro issues