Edit
) no-repeat top center;background-size:cover'>

Short and Shallow or Long and Deep

January 25, 2008
The combination of aggressive Federal Reserve rate cuts and Washington’s fiscal stimulus would suggest officials believe a recession has begun. The media also seems to be playing up the recession story. It would seem like a forgone conclusion, but it is not, no matter how loud the talking heads on TV scream about it or how many times the word rece…
Short and Shallow or Long and Deep Short and Shallow or Long and Deep Reviewed by magonomics on January 25, 2008 Rating: 5
Edit

G7 Economies are Slowing But Japan is in a Real Pickle

January 18, 2008
There is little doubt that the G7 economies are slowing. Recession fears have mounted the most in the US, where policymakers are responding with both monetary and fiscal stimulus. Canada has eased monetary policy and will most likely do so again next week. There has been some fiscal assistance to local governments where the economy depends on a si…
G7 Economies are Slowing But Japan is in a Real Pickle G7 Economies are Slowing But Japan is in a Real Pickle Reviewed by magonomics on January 18, 2008 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

The Elusive Meaning of Jargon

January 11, 2008
Frequently the cottage industry, that includes journalists and economists, come up with post hoc explanations for economic phenomenon, using words and phrases which after a while lose much of their original significance. Examples last year included yen-carry trades and risk-aversion. Now the words recession and stagflation are being bandied about,…
The Elusive Meaning of Jargon The Elusive Meaning of Jargon Reviewed by magonomics on January 11, 2008 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

A More Sanguine View as the Dust Settles

December 14, 2007
The doom and gloom directed toward the US seems exaggerated. Warnings that the Fed has lost its credibility, that the dollar was losing its status as a reserve currency and that the US economy was stagnating here in Q4 all seem to be misplaced.
A More Sanguine View as the Dust Settles A More Sanguine View as the Dust Settles Reviewed by magonomics on December 14, 2007 Rating: 5
Edit

The Conditions for Intervention

November 23, 2007
The US dollar appears to have become a one-way bet and with important psychological levels having been approached and official rhetoric having been ratcheted up a notch, it may be prudent to consider under what conditions central bank intervention is likely.
The Conditions for Intervention The Conditions for Intervention Reviewed by magonomics on November 23, 2007 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Dollar to Fall, but Demise Exaggerated

November 19, 2007
The US dollar is likely to continue to fall as the year winds down, but reports of its demise have been grossly exaggerated.
News reports this week claiming that Brazil’s super-model Gisele Bundchan demanded compensation in euros rather than dollars, hedge fund manager Jim Rogers announcing he was selling all his dollars, buying yuan and moving to…
Dollar to Fall, but Demise Exaggerated Dollar to Fall, but Demise Exaggerated Reviewed by magonomics on November 19, 2007 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

A Yen for Stocks

November 16, 2007
A recent pattern has become evident to currency and equity traders. The stock market appears to trade opposite of the Japanese yen. When the yen strengthens, stocks weaken and vice versa. As compelling as the patterns appear, we caution against putting much emphasis on it or confusing correlation with cause and effect.
A Yen for Stocks A Yen for Stocks Reviewed by magonomics on November 16, 2007 Rating: 5
Edit
Foreign Policy Association: William K. Tell Lecture Foreign Policy Association: William K. Tell Lecture Reviewed by Marc Chandler on November 07, 2007 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

How Appropriate is Central Bank Policy

November 02, 2007
The FOMC and ECB are often criticized for being either too accommodative or not accommodative enough. The Fed funds target rate has been cut by 75bp and the more balanced outlook from the recent FOMC meeting initially prompted talk that the end of the mini-easing cycle was at hand. However, renewed concerns about the soundness of financial institu…
How Appropriate is Central Bank Policy How Appropriate is Central Bank Policy Reviewed by magonomics on November 02, 2007 Rating: 5
Powered by Blogger.