I read an interesting article that had some very interesting implications in it. It discusses the multiplier and the effects of fiscal stimulus on an economy. In it was another article, by Ethan Ilzetzki, Enrique Mendoza, and Carlos Vegh, entitled “How Big…
The June job report was awful. Only 18,000 jobs were created during the month (the fewest in 9 months) which was way off expectations and continued a trend of a relatively dismal spring for the economy. The recovery is not going as smoothly as…
Where is Greece headed? The fate of Greece and the European Union has hung in the balance for too long now. Bailouts and austerity measures are not working and the bigger members of the European Union are stepping to try and find a resolution.
In what seems like a small bit of news, the Russian Central Bank raised the deposit rate from .5% to 3.5%. This is a bid to fight inflation which is creeping near 10%.
Will this slow inflation? This is a very interesting move and seems…
Many people were expecting a gain in the markets following the death of Osama Bin Laden last night. But the real question is why? His death does not mean we can pack up and go home from Iraq or Afghanistan. The end goal was…
According to the IMF, the age of America will come to an end in 2016 and will be replaced by China as the world’s dominant country. The U.S. economy will still be 70% larger than China’s but growth will make it larger…
England is already experiencing the first post-crash bubble. And it’s getting a little obvious at this point.
There was an article I came across on Yahoo that first pointed it out. The article points out the high prices…
Yesterday, Goldman Sachs issued an advisory to sell crude, it was at its high.
Today, Bank of America (Merrill Lynch) issued a statement saying to buy.
Why the conflicting reports? Goldman states eroding demand for…
Read a post on Yahoo that I just had to write about. It takes an entirely different approach to bubbles that I found interesting. The author being interviewed was Mansharamani and he had recently wrote a book that looks for…
The S&P 500 hit a bit of a rough patch this week following the turmoil in Japan and uncertainty of its future.
The chart shows the daily close of the S&P 500 and after a long upward trend , it breaks below its 20 day…
