If you want to know about abstract economic theory, speak to an economist. However, if you have questions about inflation, I suggest that...
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"Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing...
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Oil briefly broke over $92 this morning. In real terms, Crude remains below its all-time inflation-adjusted high of $101.70 from April...
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Merrill Lynch’s two top strategists, David Rosenberg Richard Bernstein, both concur that the current backdrop is "highly...
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My friend Peter Bookvaar of Miller Tabak comments on the recent pop in stocks off of today’s low: "Stocks have bounced on a...
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One of the things I have consistently pointed out was that the so-called Housing Bubble was in reality two bubbles: Credit and Interest...
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I had lunch with Richard Clarida a few years ago after meeting him at CNBC. He is a very nice guy, a Columbia economics professor, a...
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Well, it seems to be just about official: Inflation ex-inflation has formally become the policy of the Federal Reserve. At least,...
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Amusing commentary by Stephan Roach, chairman, Morgan Stanley Asia. It appears that Mr. Roach is less than sanguine about the global...
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A pair of not unrelated stories: First, today’s Dumb Headline of the Day, is this annoying piece courtesy of the NYT: Core...
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