November 2018

I am going to do a book review of an econ book that has just come out. And I think it’s fitting that my first post on the return of the Credit Writedowns ‘blog’ is a review of such a good book like “The Myth of Capitalism”. I started…

This is my inaugural post on the new platform after I wrote you about changes I wanted to make. So, I hope this new platform is better than the old because it's being hosted at my old blog url www.creditwritedowns.com. Let me know your…

Oil is one of several reasons the Fed might pause next year, rather than sticking to its three hike timetable. Housing is another. No wonder there was considerable speculation about a pause on the back of comments by Fed Chairman Jerome…

The Powell speech is over and the stock market is up on the back of it because people interpreted his comments as dovish. Was it though? It depends on where you're coming from.

Fed Vice Chairman Richard Clarida gave a speech just yesterday on future monetary policy called "Data Dependence and U.S. Monetary Policy". Let's look at what he had to say as we await Chairman Powell's own speech today.

Trump's bellyaching about the Fed is only harming him. It serves no useful purpose. If he thinks it's a veiled threat, he's wrong.

I started this post six days ago. But, I couldn't get it sorted because of the holiday and my need to start the blog site up again. That blog site thing and some maintenance issues at home were a real time suck. So let me give you an…

I am separating the free blog Credit Writedowns site from the paid newsletter site.

I am now stuffed with Turkey after days sitting around eating for the Thanksgiving holiday here in the US. Today is Black Friday, the biggest day of the year for retail sales. And so it makes sense to write this newsletter post today.  I…

This was me in October: The right narrative here is that the Republicans will lose very badly. And so, expect gridlock, political trench warfare, in the US starting in 2019. That’s going to be a significant factor controlling how well the…