US politics – ricardian ambivalence

troublesome t-bills

Last night’s four week US T-bill auction result was a little odd. The auction of US$30bn of four week paper

Sometimes xkcd just nails it …

According to Gallop’s daily survey, US economic confidence has crashed as a result of the government shutdown. The FOMC decision

The typically well informed (especially on things Democratic) Ezra Klein reports that Summers is now the leading contender to replace

The QE outlook has started to dim, as Lawrence Summers firms as favourite to replace Bernanke next year. This seems

Cochrane has posted his ‘hard debt’ WSJ op ed on his blog. The op-ed deals with three related questions: 1/

The modestly famous ‘Fair’ election model tips Romney in a cliff-hanger following Q3 GDP data.