Dismal Scientists Ain’t So Dismal
Exactly one month ago, the WSJ reported that Economists were optimistic: Economists Expect ‘Solid Expansion’ To Last Into...
A Few Caveats about Financial Strain on the Wealthy
A few caveats about the data mentioned previously: First , the BLS data only goes to 2003. That probably doesn’t matter with this...
Are the Wealthiest Under an Increasing Financial Strain?
Back in June, we discussed the increasing liabilities of Americans. Some of that research has found its way onto the tube: Today,...
More on the Savings Glut meme
Macroblogger David Altig got me thinking in more detail about the Bernanke/Clarida Savings Glut argument; As mentioned previously, I am...
Too Qualified ?
You know the Man’s a "slamdunk" to get through the Senate Confirmation Process when the poltical cartoonists mock the...
Greenspan History via WSJ
Here’s a fascinating look at "The Maestro" via the lens of the WSJ, circa 1987: · Fed Jolt: Nominee Greenspan Shares...
Savings Glut and other nonsense
My only reservations with Bernanke are a couple of his speeches as a Fed Governor: The Global Saving Glut and the U.S. Current Account...
New Fed Chair: Ben Bernanke
Two immediate thoughts come to mind about this, one economic and one political: 1) Ben Bernanke is a safe, strong choice, sure to be...
Asset Class Performance
I found this chart to be absolutely fascinating . . . Graphic courtesy of Barrons There will be an eventual reversion to the mean...
China’s Economy Expanded at X%
If you think I am skeptical about the BLS data, imagine how I feel about this nonsense from the Red Communists of China’s Central...