Ricardo

EURscepticism

Marty Feldstein on why Europe does not work. He says it is not like the US at all, as it

In a speech overnight, Fed Vic Chair Yellen indicated that she sees scope for policy to further boost demand. In

Our fearful Treasurer delivered the 2011-12 MYEFO (Mid Year Economic and Fiscal Outlook) today, and as expected the Treasury forecast

According to Bloomberg The Rome-based Treasury sold 3.5 billion euros of a new three-year bond, 2.5 billion euros of 2022

1/ US ‘Black Friday’ sales look awfully strong. Sales were up ~7%y/y, and electronic sales up ~24%y/y A word of

The WSJ reports that Euro-zone countries are weighing a new plan to accelerate the integration of their fiscal policies …

Overnight, Italy paid 6.504% to borrow for six months: up 353.5bps from the prior Auction (and up ~406bps from the

The headlines for the Q2 US GDP report showed a downgrade to real GDP from 2.5% to 2% SAAR. This

The FT’s Harding writes that QE3 is going to have to await a broader communications revamp. Bernanke apparently has them

The WSJ reports that the US Deficit Super-Committee has failed to reach agreement on the 1.2bn required to be cut

It has now become commonplace to read stories about how the ECB must purchase large quantities of bonds. It is

FT notes : “the big four UK banks cut interbank loan volumes by more than 24 per cent to £10.5bn