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
M2 and inflation
High commodity prices and indications of rising inflation have renewed interest in the hypothesis that the U.S. has been increasing the money supply in recent years at an excessive rate.
Gambling on Trade
In 2001, the Bush Administration set in motion the machinery to impose tariffs on steel imports. The purported reason was to secure fast track (trade negotiating) authority. How does that gamble look five years later?