June 2010

In defense of bloggers on the economy Marginal Revolution: How hard is economics? Signal and Noise in Economics Writing, Arnold Kling | EconLog | Library of Economics and Liberty Matthew Yglesias » Do I Have Anything Interesting…

Highlights The US dollar is broadly higher, alongside the Japanese yen, amid heightened anxiety over the possible stalling of the global economic recovery and the fragility of the banking system.  The euro has borne the brunt of…

WSJ video courtesy of Fox News. Market Watch says: Tropical storm Alex, after crossing the Yucatan Peninsula, is gathering strength over the warm waters off eastern Mexico and could become a hurricane within the next 24 hours, the…

Let's re-visit one of the more salacious stories to hit the papers in the post-Bernie Madoff era. I'm talking about the story of Lenny 'Nails' Dykstra, the former all-star baseball player turned stock picker made by TheStreet.com's Jim…

World Cup: Good World Cup 2010: Golden generation passes on after 12 frustrating years| Richard Williams | Football | The Guardian Argentina 3-1 Mexico | World Cup 2010 match report | Football | The Guardian World Cup 2010: Five…

The following is an excerpt of the Weekly Market Commentary By John Hussman. Based on evidence that has always and only been observed during or immediately prior to U.S. recessions, the U.S. economy appears headed into a second leg of an…

The G20 meeting did not provide much in the way of fresh trading incentives.  However, there were a couple of developments that were noteworthy. The most important of these is the balance struck between growth and fiscal…

I fully support deficit spending as a means to prevent a debt deflationary spiral in a deep downturn.  However, there are limits to what stimulus can actually do. Stimulus is no panacea for an unbalanced economy. In particular, when…

Highlights The US dollar is narrowly mixed to start the new week.  It is hanged against most of the major currencies as the market waits for fresh trading incentives.  The euro was turned back on the initial test of the $1.24…

Blog post series, like the vuvuzela, is the new bacon; it works with everything and with John Hempton’s recent excellent series on the economics of default in the Eurozone and Edward Hugh’s recent postings on AFOE in which he pulls out…