Paul LaMonica of CNN/Money indulges his inner Jedi. (I just saw Revenge of the Sith this weekend) Conundrum, hmmm? Boost interest rates,...
Read More
Alan Abelson writes in this week’s Barron’s: "In his letter to the Times, Mr. Mankiw [former Chairman, Council of...
Read More
The previous discussion on Household Debt, based on St. Louis Fed’s chart, generated a robust discussion in comments. Lest anyone...
Read More
I’ve said this before: Betting against the US consumer has been a losing wager. And yet when we look at the parabolic rise of...
Read More
"The sheer scale of consumer debt has made millions of households extremely vulnerable to shocks in the economy, both from fiscal...
Read More
More on the J.E.C. testimony day yield curve conundrum: Dan Gross points to a terrific Smart Money article all about the yield...
Read More
Greenie agrees that there is no Housing Bubble (which makes me nervous). Interesting observation from reader Rita: "Being a baby...
Read More
> "These are the good ol’ days. These are the best of times. After this, it gets worse." -Congressional Budget Office...
Read More
The Penobscot Princess (having bolted Bear Stearns, but still running in stealth mode) graces us once again with her elegant prose:...
Read More
Make no doubt about it — thats precisely what Alan Greenspan said about the "puzzling decline" in long-term rates. In the...
Read More
