Bungled Bank Bailout Leaves Behind Righteous Anger
Bungled Bank Bailout Leaves Behind Righteous Anger Neil M. Barofsky Bloomberg Jul 22, 2012 6:30 PM ET In the year...
Is Europe Facing A Lost Decade?
The euro zone economy could go through a lengthy period of painful adjustment similar to Japan’s post-bubble experience. Click to...
Weekly Eurozone Watch – Puff the Magic Draghi
Key Data Points German 10-year bund 23 bps higher; Italy 80 bps tighter; Spain 75 bps tighter; Portugal 54 tighter wider; Ireland 24 bps...
With cat out of the bag, to sterilize or not to sterilize?
While the WSJ is now reporting that “many ECB members were surprised by Draghi’s comments suggesting new bond buys,”...
Succinct Summation of Week’s Events (7.27.12)
Succinct summation of week’s events: Positives: 1) ECB gets off its arse and swings hammer of the printing press. 2) Italian...
The Truth About Gold
Very nice report via Business Insider. I don’t concur with all of it, but its quite well done, and worth discussing: ...
ECB Is Ready To Do ‘What Ever It Takes’
The Financial Times – ECB ‘ready to do whatever it takes’ The European Central Bank’s mandate allows it to fight excessive...
Agora Conference Update
A few quick items to mention relative to my presentations yesterday: • The slide deck is posted for Behavioral Economics,...
Q2 GDP soft as expected
US Q2 GDP grew 1.5%, about in line with expectations of 1.4% with a price deflator of 1.6%. Nominal GDP was up 3.1% vs expectations of...