This is a discussion on the future direction of the Federal Funds rate, using the Fed Funds Rate Predictor (produced by the Cleveland Fed as a starter.
Exclusive: Report Shows Vehicles, Machine Guns And More Meant For Iraqi Forces Unaccounted For
Tractor trailers, tank recovery vehicles, crates of machine guns and rocket propelled grenades are...
Article | Submitted Dec 6, 2007 | Views: 2161 | Comments: 25
Tags: iraq, war
The conventional wisdom says that inflation is very bad. It makes everything we buy more expensive and decreases the value of our currency. But there are times when inflation is good for you.
Canada has had one problem after another with its big elephant to the south. The United States has long been a source or irritation and envy; its culture, economy, and politics have all played...
We've now had five bank failures in 2008 and I wanted to see how we are doing compared to the real estate downturn in the 1980s and savings and loan crisis it precipitated. The results are...
Over the last couple of weeks it's become clear that we are entering a new period of staglation, that horrible condition of low growth and rising inflation that characterized much of the 70s.
This is a fascinating article by Andrew Ross Sorkin of the New York Times that suggests that one outcome of the current US credit crisis (and out national deficits) will be that the major private...
The stock market is up on the 2008 revised second quarter GDP growth numbers just released. They show growth at 3.3% versus the original estimate of 1.9%. These numbers will not hold.
Article | Updated Aug 28, 2008 | Views: 49 | Comments: 0 Tags: us economy, gdp
The spike in Treasury yields may have done the job for the Fed, eliminating the need for further increases in short term rates.
The interesting thing, is that it looks like long-term rates no...
I am glad the Fed isn't concerned about inflation because I would rather leave interest rates where they are. But it is a fantasy to think that it isn't on the rise, and seriously so. Using the...
China and India are commonly referred to together as Chindia. Together these two countries will have 10.5% of the global domestic product by 2020 and:
- Make up 40% of the world's population...
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