Bernanke testimony
Mercantilism is alive and well Most telling statement when asked about what he wanted for the economy- moderate domestic consumption, more investment, and more exports
February 27, 2008
Mercantilism is alive and well Most telling statement when asked about what he wanted for the economy- moderate domestic consumption, more investment, and more exports
Stocks up big, oil up big, dollar down big, and interest rates lower. How does this happen? Review Twin themes remain weakness inflation Sources of
After the speech, crude up $1.61 and back over $100. Yields down on fixed income as markets anticipate Fed won’t respond to inflation anytime soon:
Not a quick read, but telling – inflation risks seem to be overtaking concerns with the economy: Does Stabilizing Inflation Contribute to Stabilizing Economic Activity?
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
Trichet May Not Cut Rates in 2008, Say Merrill, ABN by Simon Kennedy (SNIP) (Bloomberg)Erik Nielsen, Goldman Sachs’s chief European economist, disagrees. He said the
Interesting they would take a shot like that at the Fed. Probably concerned about Euro strength and the US gaining export share. Bank of France
Might be a revealing day coming up. I’m watching for markets to begin to link higher oil prices to the potential for higher interest rates,
From today’s speech: A central bank must always be concerned with inflation as well as growth. As I have emphasized in an earlier speech about
As you know, financial markets in the United States and in a number of other industrialized countries have been under considerable strain since late last