The Big Picture

PPI rose 1.1% m/o/m, above expectations of up .8% and it brings the y/o/y rise to 4%. The headline gain was led by a 6.4% rise in...

Jan. 12 (Bloomberg) — Bill Gross, manager of the world’s largest bond fund at Pacific Investment Management Co., discusses...

I have mentioned numerous items of interest on the blog over the years: Books, music, movies, myriad art and the occasional craft. While...

FULL CREDIT goes to Michael Marantz for his brilliant original: http://michaelmarantz.com/ AND OF COURSE to Carl Sagan. I made an entire...

Simon Johnson on the completion of the banking sector’s takeover of Washington D.C.: “Let’s be honest. With the appointment...

Here are the latest additions to my Instapaper: • Can Europe Be Saved? (NYT Magazine) • Solving the second-lien sticking point (FT...

MeTunes – Grammy Vote – Dan Auerbach, Patrick Carney & Ezra Koenig Members of the Black Keys and Vampire Weekend fight...

Here are snippets from the Beige Book where the economy “continued its moderate recovery.” Mfr’g “activity...

Washington’s Blog strives to provide real-time, well-researched and actionable information. George – the head writer at...

The 10 yr note auction was very good as the yield of 3.388% was below the when issued of 3.4-3.41% and the bid to cover of 3.30 was above...