Credit Writedowns

The central bank of Indonesia meets tomorrow and although pressure is building for a rate hike, officials still appear willing to resist for a bit longer. The economy is growing robustly and Q2 GDP will be out early Thurs local time and is…

Rising pork bellies prices hit all-time high | Business | The Guardian FT.com - Rise in wheat prices fastest since 1973 The Chosun Ilbo (English Edition): Daily News from Korea - N.Korean Football Coach Gets 14 Hours of Hard…

Well, this is certainly not the first time I have had cause to complain about the quality of the journalism and economic reporting served up over at the Economist, and I’m damn sure it won’t be the last. But this latest example of shoddy (I…

Econbrowser: Options for monetary stimulus How to Avoid Prying Eyes on the Internet - WSJ.com Documents indicate heavy use of dispersants in gulf oil spill - Washington Post Off the Shelf - ‘Fault Lines’ Concludes Global Economy Remains…

By John Mauldin. "... has been brought about by policies which the majority of economists recommended and even urged governments to pursue. We have indeed at the moment little cause for pride: as a profession we have made a mess…

Hi everyone, I will be on vacation/holiday over the next few weeks, so my own posting will probably be pretty light – a lot of posts highlighting other views. Check in nonetheless because there will still be plenty on offer from other…

Bill Gross, manager of the world's biggest bond fund at Pacific Investment Management Co., recently wrote that he now takes a less optimistic view of what he dubs "Keynesian consumption remedies." As a result, he talks to…

Also see "Lawsuit Tackles Files That ‘Re-Spawn’ Tracking Cookies" and "The Web's New Gold Mine: Your Secrets" at The Wall Street Journal.

From The Consumer Metrics Institute On July 30th the Bureau of Economic Analysis ('BEA') released its "advance" estimate of the annualized growth rate of the U.S. Gross Domestic Product ('GDP') during the 2nd quarter of 2010. Per…