The Schroders Economic Viewpoint – Feb 2008
Interesting in that it totally ignores inflation when predicting CB moves. Maybe not only the Fed but the rest of the world’s CB’s don’t care
February 25, 2008
Interesting in that it totally ignores inflation when predicting CB moves. Maybe not only the Fed but the rest of the world’s CB’s don’t care
(an interoffice email) Looks familiar – the CB forecasting inflation falling from higher and higher levels as it move up rather than down as originally
Major themes intact: weak economy higher prices Weakness: US demand soft but supported by exports. US export strength resulting from non resident ‘desires’ to reduce
The desire to accumulate $US financial assets has been diminished for at least the following reasons: Treasury policy – Paulson is actively pushing both a
What we used to call an ‘inflation day’ – $ down/oil up Gold through 900- if nothing else, it’s an inflation expectation indicator (not that
(an interoffice email) Good report, thanks! On Jan 4, 2008 10:41 AM, Pat Doyle wrote: > > > > Pre- August 2007 GC US Treasury’s
Crisis may make 1929 look a ‘walk in the park’ Telegraph by Ambrose Evans-Pritchard As central banks continue to splash their cash over the system,
A Rescue Plan for the Dollar By Ronald McKinnon and Steve H. Hanke The Wall Street Journal, December 27, 2007 Central banks ended the year
Roubini totally doesn’t get it. The point of CB intervention is to keep interest rates at their target rates, not to provide funds for lending,