The Big 3 U.S. automakers continue to get a little less big.
The enigmatic Yuan
The Yuan has not been moving much. Or has it? And does it matter much for the U.S. current account deficit
About that pause
A few weeks ago I noted that the fed funds futures contracts seemed to reflect an expectation that we’d see one more rate hike this fall, and that would be it. But a lot can change in two weeks. Now the message looks more like, “that’s it!”
Report of the National Research Council on “Surface Temperature Reconstructions for the Last 2,000 Years”
What do the scientists (in peer reviewed journals) say about global warming?
Slower second quarter growth
As expected, GDP growth slowed significantly in the second quarter.
Seasonal adjustment and new home sales
How significant is the housing slowdown? Answering requires separating the seasonal from the cyclical factors.
A Dynamic Analysis of Permanent Extension of the President’s Tax Relief
The press account surrounding the Mid Session Review (MSR) (page 3-4) noted the preferred estimate of GNP response to the President’s tax proposals: real GNP might be 0.7 percent higher than steady state baseline. The Treasury’s Office of Tax Analysis has just released the underlying analysis.
Reading the yield curve
What are the implications of the current shape of the yield curve?
The Gamble Fails: Doha talks collapse
The Bush Administration’s quid pro quo of early-on steel protectionism in exchange for fast track negotiating authority for the Doha Round seems like a bad bet (May 24) in retrospect.
A long term perspective on differential approaches to fiscal policy
Or, over the past quarter century, have Democrats and Republicans acted differently?