PMIs and ponzies
The weakness of the Chinese and European (flash May) PMIs tells an interesting Macro story. With a bit of imagination,
macro, politics, markets, ambivalence
The weakness of the Chinese and European (flash May) PMIs tells an interesting Macro story. With a bit of imagination,
The monthly DEEWR benefits data lags the unemployment rate, and is highly seasonal. Mark the graph does a good job
The bundesbank’s report on the German situation contains an enlightening statement on the situation in Greece (ht alphaville). Current developments
The minutes from the BoE’s 9-10 May meeting show that they were close to doing more QE. for several members,
Macrobusiness posts on the slump in Skilled Vacancies. They fell 7%mom in April, declining in all States and in all
Looking through old IMF article IV consults, I re-read the concluding statement from their Kiwi mission (April 2012). It names
The IMF just concluded their article IV consultation of the UK. They conclude that monetary policy is too tight: Further
The financial crisis – and subsequent regulation – has increased the cost of financial intermediation. This FRBSF Fed letter covers
Jim Hamilton reviews some VAR based research on fiscal multipliers. He finds that government spending crowds out private spending, so
Just watched the full Ken Henry interview with Chris Uhlmann on replay. Does anyone else think it strange that he
The word in Canberra is that a senior Gillard government cabinet Minister told resources executives a few weeks ago that
The great hope this weekend was that the G8 would exceed expectations, and do something (anything) to calm markets. It