August 2010

Here's Andy Xie spinning his inflation tale of woe. He thinks western stimulus is not creating demand or inflation in the west but stoking inflation in emerging markets, causing them to overheat. Take a look. I have made a similar…

By Claus Vistesen. I know this is a cheap shot, but still. Team Macro Man picks up an all time favorite over at MM and asks 20 questions (check this out for other answers) to which I have offered 20 answers., Will the 10yr Treasury…

Blog news alert: I am still away from the computer almost the entire day.I will be nearly back to normal posting next week. Full posting schedule will begin early in September. Also, while we have recently updated the blog theme, the…

Bloomberg's David Tweed has made a run through Europe highlighting the economy in each country as he reports this August. He has just gone to the Baltic countries of Estonia, Latvia and Lithuania, the videos of which I feature below. While…

By John Lounsbury. In a previous article reviewing my attendance at a small discussion group meeting with Treasury Secretary Geithner and other senior Treasury Officials, I left out one very important topic that was covered.  I also…

Psychology Links Catharsis « You Are Not So Smart Observations: Are some ADHD-labeled kids just young for their grade? High-flying women lie about sex too - Telegraph  Mom Sues NYC Chocolate Shop Over Breastfeeding…

From Bloomberg: Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said the U.S. should consider “full nationalization” of the mortgage- finance system as the Obama administration plots the revival…

By John Lounsbury. I was privileged to attend a meeting at the Treasury Department in Washington on Monday afternoon, August 16. The two hour plus meeting was hosted by Senior Treasury Officials. There were three discussion leaders:…

By Annaly Capital Management. The initial estimate of 2.4% annualized real GDP growth in 2Q 2010 will likely be revised lower (probably to something with a 1%-handle, depending on who you ask) in light of new data for June that was worse…

Well, before we go any further, I would like to make clear that what I am going to talk about in this post is not anything illegal, or even irregular (things like this must be going on in almost all Euro Area countries even as I write).…