2011

In July, the employment-population ratio for youth—the proportion of the 16- to 24-year-old civilian noninstitutional population that was employed—was 48.8 percent, a record low for the series.

Joseph Stiglitz: US-Ökonom fordert von EZB billigeres Geld - Konjunktur - Politik - Handelsblatt Der Mittelstand in den USA kommt kaum an Kredite (tags: small-business credit)…

Friday’s shift in sentiment spills over into Asian and European sessions; dollar broadly weaker. This week’s attention shifts back to US and EZ data; Japanese select sixth PM (Noda) in five years. Chinese shares were laggard in EM rally…

Reports that hedge funds, with almost no tolerance for short-term pain, have opened the biggest net short positions since early 2008 has driven a relatively low volume short covering rally. We even heard predictions of a 400 point drop…

Noahpinion: Japan's low unemployment is easily explained (tags: japan jobs gender wages) Merkel attacked over eurozone crisis stance by ex-mentor Kohl -…

The Greeks are starting to play hardball on their private sector debt swap warning the deal could crater if the 90 percent participation is not met. We think there are other reasons why it is trouble.

The much anticipated Bernanke speech in Jackson Hole is under-whelming. He did not break any new ground. While much of the recent history is re-hashed, the only forward looking guidance is to reaffirm the recent FOMC statement and…

Ben Bernanke's Speech to the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming

The fact that Italy's 5-year CDS prices remain elevated (376 now vs 388 on Aug 4 peak) warns that ECB bond buying, fiscal austerity has not convinced private sector investors that the worst is truly past. This offers a poor backdrop from…