Is the Housing Bust Over?
Well, yes, if we believe former Fed Chair Alan Greenspan. Two months ago, he claimed "the housing market had already bottomed,"...
Econo-junk fix
What are you doing here? Its Thanksgiving Day! Shouldn’t you be downstairs with your families? Man, what kind of a data junkie are...
The Return of M3
Last year, we lamented the passing of M3 reporting. This broadest of money supply measures had shown a discomforting increase in...
Yield Curve Says Probable Recession
John Mauldin notes: "The yield curve became more inverted this week, with the negative differential between the 3-month and the...
Fed Official Says Bad Data Helped Fuel Rate Cuts, Housing...
"In this case, poor data led to a policy action that amplified speculative activity in the housing and other markets....
Why 2006 won’t be like 1995
The 1995 soft landing meme gets a thorough going over in Greg Ip’s column today: Why Fed Might Keep Rates on Hold Longer Today Than...
When Does the Fed Cut With the Dow at or near Record Highs?
That’s been the question I’ve wondered about for the past few weeks. A large portion of the Bullish thesis is based on the...
The Return of Goldilocks?
The rate hike cycle is now officially over. That’s what I got out of Ben Bernanke’s commentary to the Washington Economic...
Blog Spotlight: The Mess That Greenspan Made
Today we start a new series: Blog Spotlight. We put together a short list of excellent but somewhat overlooked blog that deserves a...
Paul Volcker at Bloomberg HQ
The King Report, an institutional commentary, recounted a fascinating discussion that took place at Bloomberg’s HQ in NY on Monday...