2011

By William K. Black (Cross-posted from Benzinga) The big news in U.S. regulation last week was the release of the Financial Crisis Inquiry Commission reports. (There's a major article in the New York Times about Kabul Bank that supports…

Highlights The US dollar is trading on a softer footing versus the majors and most EMs, consolidating some of yesterday’s gains, with the New Zealand dollar and the euro leading the move higher. The euro is enjoying early strength,…

With commodity prices, there are a number of forces at play working to increase prices, including a thirst for natural resources in China and other emerging markets, a natural disaster in Australia, and the La Niña effect on agricultural…

Jim Grant's contention is that you don't need to be a stargazer to be worried about Munis. You just have to look at the low interest rates.  In his view, bond yields do not compensate buyers for the interest rate risk, let alone other…

Ozzy Osborne and Justin Bieber for Best Buy Volkswagen and Vader, Audi in Jail, and the New GoDaddy Diva Chrysler's Imported from Detroit Eminem Ad

AOL is buying Internet News site Huffington Post for $315 million. Here's what you need to know about the deal and what it says about the tech world, investing and the economy. Mergers are tough Most mergers fail because the 'synergies'…

In this segment on Bloomberg with Tom Keene just after the jobs report was released yesterday morning, Bill Gross continues hammering away at the central banks' easy money monetary policies, the main point of his last newsletter. His…

By Michael Pettis On Friday the US Treasury released its presumably semi-annual (it was due last October) report to Congress on currency issues, and in it refrained from calling any of the countries under review “currency…

This is a wonkish post, but bear with me, because it's important. Randall Wray's last post sparked a thought regarding trade deficits and budget deficits which I wanted to run by you. Randy said: We see from the chart that the…

by L. Randall Wray In recent months, the nation's pundits have been whipping up deficit hysteria in a mass public mis-education campaign funded by billionaire Pete Peterson. In this blog I will explain why we should not be misled. First,…