US stuck below stall speed
The headlines for the Q2 US GDP report showed a downgrade to real GDP from 2.5% to 2% SAAR. This
macro, politics, markets, ambivalence
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
It’s too late to avoid a European recession. Assuming the PMIs (released next week) are as expected, and assuming that
“The Greens welcome President Obama to Australia for a visit that will be quite different to that of George W
Remember the hoopla about beefing up the EFSF? It’s not up to the task. While professionals debated the merits of
The OECD’s CLIs suggest that all the major economies are set to slow further. This includes China and India. The
The SF Fed’s most recent letter warns that there is an ~50% chance of a US recession in H1’12. The
I am reliably informed by a relative who works in the industry that ‘work to rule’ practices have already started
The economist has an interactive debt calculator. Look what I made