Please try another search
At last year's Jackson Hole Symposium, Fed Chair Janet Yellen delivered an extended analysis of "Labor Market Dynamics and Monetary Policy". Her speech essentially reviewed the ongoing debate over the...
Here's a perspective on personal income for production and nonsupervisory private employees going back five decades.The Bureau of Labor Statistics has been collecting data on this workforce cohort...
I really hope that this is my last post on Greece for a long, long time...I recently wrote a post on Greece discussing how both sides are right and both are wrong at the same time (see What would...
The train to a better destination has already left the Greek station. It can no longer get there from here. What is at stake now is the kind of pain Greece prefers to bear. Is it the kind of pain and...
Despite the gravity of the situation in Greece, markets remained relatively calm yesterday. Pullbacks recorded for North American stock markets and the euro were approximately 0.5%, while the widening...
Can you decipher the notes?:It’s now coming into Wednesday after the weekend’s referendum vote, and low and behold, Greek banks are still closed, deadlines are still being pushed back, and...
When the bailout of Greece occurred in 2010, the IMF and the Euro Zone put up 110 billion in euro loans.The largest Greek exposure (40%) at the time was French banks. Over time, the French issued...
In a normal review of the US, the IMF recently called on the Federal Reserve to drop its dot-plot tool and replace it with a single staff forecast, like the ECB. We too have been critical of the...
DAILY FX WRAP: USD strength dominates major pairs while the Greece situation appears no closer to a resolution and fears of a slump in China see weakness in commodities.Today has been a day of USD...
US stocks fell sharply at the open on Monday, but pared losses during the day after Greek voters rejected the bailout proposal terms in referendum on Sunday. The S&P 500 fell 0.4% to 2068.79. US...
Global traders remain hyper-focused on the latest Greece-related rhetoric from such influential luminaries as Latvia’s Central Bank Governor, Lithuania’s Finance Minister, and even the...
It’s not an overstatement to say that over the 6-year period beginning in September-2008, the US Federal Reserve went berserk with its Quantitative Easing (QE). The following chart shows that...
- World is “over-indebted”, Mark Faber tells Bloomberg- “Defaults will follow or they will have to create very high inflation rates”- Greece will leave EU or Troika will take...
There's still so much uncertainty over what will be the final outcome for Greece. Saxo's Mads Koefoed says that what's been surprising is what little market reaction there has been. Risky assets led...
The US dollar is enjoying broad gains today. It is extending its recent gains after a consolidative session yesterday as investors tried digesting the weekend developments. The yen is the sole...