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Credit Writedowns

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

What’s your model on how real GDP grows durably?

Economics Noble winner Fama: QE is just an asset swap

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Apple’s profit falls in Q4 2013 on record revenue

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Links: 2013-10-28

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Manufacturing: In US, first fall since 2009 as Eurozone pulls ahead

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Yellen’s rule-based approach to forward guidance is coming

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Malmgren: A Eurozone breakup is still possible

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Links: 2013-10-25

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The Fed’s predicament in three paragraphs

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Should central banks try to lean against asset bubbles as they form?

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US stock market capitalization higher than any time except NASDAQ bubble

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