Jeffrey P. Snider: Further Unanchoring Is Not Strictly About Inflation
byAccording to Alan Greenspan in a speech delivered at Stanford University in September 1997, monetary policy in the United States had been shed of…
Economics
Penny wise and pound foolish ?
by“Sir, “Most of the commentary in the UK press since the announcement of the “merger” of Standard Life with Aberdeen has focused on job…
The National Debt Limit Equals a Balanced Budget
byOnce again the United States government is rapidly approaching a fiscal debt ceiling: After March 16, 2017, Uncle Sam will not be legally allowed…
Land-use restrictions, agricultural subsidies and free trade
byOne of the greatest barriers to free trade is agricultural subsidies since they are politically venomous to remove due to the perception that their…
The fateful date
byCaesar: What sayest thou to me now? Speak once again. Soothsayer: Beware the ides of March. Caesar: He is a dreamer; let us leave…
Balance of payments and the exchange rate: is there a connection?
byAccording to conventional analysis, a key factor in exchange rate determination is the state of the balance of payments. It is held that as…
Low cost manufacturing in Asia – The Mighty Five – MITI V
byLow cost manufacturing is moving away from China Malaysia, India, Thailand, Indonesia and Vietnam will continue to benefit Currency risks remain substantial Stock market…
..Crackle, Pop
by“The enthusiasm for Snap came despite the decision by some portfolio managers to shun the stock over concerns about the company’s decision to issue…
Can Yellen Keep the Boom Going?
byBy Brendan Brown Yellen, like notorious previous Fed chiefs including Strong, Martin, and Greenspan, can now claim success in having prolonged and strengthened an asset…
How the Fed operates
byWe are often asked about the mechanisms by which the US Federal Reserve Board (the Fed) influences the level of US interest rates and…