“Is this any way to run a modern-day world economy?”
Amusing commentary by Stephan Roach, chairman, Morgan Stanley Asia. It appears that Mr. Roach is less than sanguine about the global...
Real World Consequences of Core Inflation Focus
A pair of not unrelated stories: First, today’s Dumb Headline of the Day, is this annoying piece courtesy of the NYT: Core...
WTF Headline of the Day
as of 3:04pm From the usually data (not spin) driven Bloomberg homepage: Inflation Stays in...
Strange Inflation News
CPI gets released this morning at 8:30. Consensus forecast for September 07 — both the headline number, and the Core — are...
The Bubble Man
Very funny original song, written and sung by Scott Pettersen, on everyone’s favorite Fed Chair/scapegoat, Easy Al. I really like...
Hard Assets, Financial Markets, Risk/Reward Ratio: Where to...
Lee Quaintance and Paul Brodsky of QB Partners are concerned about runaway monetary inflation and the decline of the U.S. dollar. In this...
Money Supply Growth: 24.3%!
Numerous people have written, asking about how much liquidity is really in the financial system. I suspect the underlying cause of this...
Open Thread: Resilient Markets, Accomodative Fed?
As bad as the markets looked today — and at times, there was some heavy selling — the word that kept coming back to me was...
WTF: Zagat’s Restaurant Inflation?
Here’s one of those things that make you scratch your head while mouthing the words WTF to yourself. My friend and RM colleague...
Thin Trading: Fed Fund Futures and Antique Watches
Yesterday, Traders embraced the release of the FOMC minutes. Indices were flat up until just before the 2:00pm release, and then took...