Today’s chart of the day comes to us via Reza Moghadam, who writes at IMF Direct. The chart makes it readily apparent that the...
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Following yesterday’s lower than expected Trade Deficit which will lead to upward revisions to economists Q3 GDP forecasts,...
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We at the Big Picture have never been fans of economist Michael Boskin. The infamous Boskin commission was an intellectually dishonest...
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Frederick Sheehan is the co-author of Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve. His new book, Panderer for...
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David Stockman, a former budget director in the Reagan administration, talks about about the state of the banking system. Stockman,...
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The Greek 2 yr yield is falling again and is now around 9.5%, a one month low. Greece wants to issue next week 900mm euros of 6 month...
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I have a quote in today’s Ahead of the Tape column in the WSJ regarding the improving tenor in the markets post-August: “The...
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> Martin Wolf, who has been more right during the period leading up to the crisis, and thereafter, than anyone else I can think of,...
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Religion has a surprisingly high correlation with poverty, according to a Gallup survey conducted in more than 100 countries. The more...
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Interesting chart forwarded to me by GW — I am not sure precisely what to make of this: > click for larger graph Source: Gold Daily
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