News

Every time I write a links post this year, I fear getting the year wrong and writing 2008. It is hard to believe we have a new year already. It has kicked off with a bang too. Did you see treasuries yesterday? They were bloody awful.…

A number of the following posts are fairly controversial and I present them not so much because I agree, but rather because the ideas presented or the news is worthy of your attention. I highly recommend the Willem Buiter piece at the end.…

British interest rates may sink to lowest since 1694 - Telegraph BBC NEWS | Romanian fear amid economic gloom Russia: Energy enigma, gas theories abound - BBC News Bloomberg.com: Oil Caps Biggest Weekly Gain Since 1986 on Geopolitical…

I am still playing a bit of catch up with my e-mail, reading and writing, so I won't be linking out to any interesting blog stories today. However, I did want to give you a taste of what I thought were the most relevant news stories on the…

Greetings to all. This may be one of my last posts before Christmas. So forgive me by raining on your festivities with some dismal notes on the dismal science. And by the way, who ever called Economics a science? Economics seems more akin…

Federal Reserve is damned either way as it battles debt and deflation - Telegraph Federal Reserve is damned either way as it battles debt and deflation - Telegraph Xstrata falls on fears over covenant breaches - Telegraph US Fed's…

Today, I want to talk a little about ZIRP, economic pain and the Madoff fraud.

Now that the United States has cut its interest rates to Zero and Ben Bernanke has helicopters flying over Wall Street, the question is: what happens next and who's following the Fed to zero? There are a lot of different answers.

After yesterdays melt-up on the Fed's decision to go ZIRP and introduce quantitative and qualitative easing, things are a bit calmer today. Here's what I have. Enjoy. Ed

Given the Fed's dramatic cut to a Zero Interest Rate Policy (ZIRP) and a verbal commitment to quantitative easing, I wanted to change things a little for this round-up. I am going to link out to myself by going back in the archives and…