The Big Picture

Key Data Points German 10-year Bund 5 bps higher; France 4 bps tighter to the Bund; Ireland 3 bps wider; Italy 3 bps wider; Spain 12 bps...

From WTF Graphics:

Succinct summation of week’s events: Positives: 1) AAA says avg gallon of gasoline falls for 22nd straight day to lowest since Jan...

The RBA needs to cut interest rates further as current policy is limiting economic growth, suggests the OECD. They forecast that the...

Little Support for Most Specific Deficit Options Source: Pew Research Lots of people like to talk about deficit reductions. No one...

Wow! The food stamp program is now equivalent to 14 percent of all U.S. grocery store sales. Though the Fed indirectly finances the...

My morning reads: • The Best 10 Economics Papers of 2012 (Andres Marroquin) • A Fed Focused on the Value of Clarity (NYT) see also...

Pay attention to this, its quite fascinating and has potentially awesome and amusing consequences. There is a former bank defense...

It’s Time Gold bugs can’t understand how the public can be so unaware, how highly intelligent policy makers can be so immoral, and...

Acclaimed photographer James Balog was once a skeptic about climate change. But through his Extreme Ice Survey, he discovers undeniable...