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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?

Food price inflation now visible in China

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Canada is not the model

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Chart of the day: Breakdown of 1 trillion euros in European bank NPLs by country

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Study of European bank NPLs suggest underreporting and large losses for equity and bond holders

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Gasoline price spikes on lower supplies; will add to consumer woes

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What the steepening VIX futures curve means

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Italy’s ‘this time it’s different’ moment: Reaction to Giavazzi

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PwC: European banks are sitting on 1.05 trillion euros of non-performing loans

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TARGET2 replacing other sources of funding for Bank of Spain

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Why I am switching from a PC to a Mac

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