Yuan Roundup
The WSJ does there usual excellent job, producing a terrific roundup of all the related stories re the de-pegging of the Yuan. China...
Atypical Business Cycle Recovery
How atypical is the present recovery, in terms of employment rates and NILFs, when compared to prior cycles? This much: > Its readily...
Vulnerable Mortgages and the Depegging of the Chinese Yuan-
"May you live in interesting times . . . " > Yesterday’s announcement of the de-pegging of the Yuan to the US dollar...
Federal Reserve Responsibilities Outsourced to China
The Fed Chairman was overheard to remark: “If we can’t do it, maybe they can” >The Peoples Bank of China (PBOC) announced to day...
Careful What You Wish For . . .
Talk about timely: Yesterday, I pointed to a fascinating piece of research/commentary from GaveKal Research Limited of Hong Kong,...
More Greenspan Today
Get set for some more of the same from the Fed Chair today. Here’s some resources to use: The complete text of testimony Federal...
Will the US Economy Become a Victim of the Iraq War?
War is not only Hell — but Hellishly expensive: "In September 2002, the Congressional Budget Office, a nonpartisan research...
Earnings & Reactions
Monday down. Tuesday up. Wednesday down. It may seem there is no rhyme or reason to the market, but very often, there is. It is just on...
Playing With Fire?
John Mauldin points to a recent piece of research from GaveKal Research Limited (Hong Kong, Stockholm and New York) on the Chinese RMB...
Minor Metals
Michael Panzner notes that "much has been made of the strength in copper and other base metals prices in recent years…the real...