Economic Data

Critiquing Obama's economic policy How Obama Got Rolled by Wall Street – Newsweek FT.com / Columnists / Martin Wolf - Obama was too cautious in fearful times Michael Gerson - Obama's wandering economic message My take:…

It has been a while since I have had a round of these and in the current macro/market environment I thought it an excellent occasion to take some pot-shots at the market discourse. So, read on if you want to see what it looks like when I am…

Highlights The US dollar has fully recouped and more so the losses inflicted in the immediate aftermath of the FOMC’s decision to recycle the MBS and Agency bond holding proceeds backing into Treasuries.  Its somewhat more gloomy…

By Edward Hugh Look, if there is one simple chart which sums up everything that is wrong with current thinking at the International Monetary Fund, then it is this one. Basically, I spent much of the day yesterday scratching my head,…

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…

GDP Growth Charts via EconomPic EconomPic: Great Recession was Worse than Thought EconomPic: GDP Growth Slows... Spike in Business Investment Spanish Unemployment La EPA constata que el paro no deja de subir; 20,09% de…

From the BBH Currency Strategy Team. Highlights US dollar is weaker across the board vs. the majors as sentiment appears to be improving today after a consolidative day yesterday.  Risk on FX trading appears to be back on track after…

Andy Lees who does Macro Derivatives Strategy at UBS says the Euro has a lot farther to run to the upside. You will recall that I mentioned his comments in May regarding the makings of a technical countertrend rally for the Euro. Now, he is…

BBC's travel program Fast Track had a story about how Santiago has been working hard since the earthquake to (re)build its position as a cool global city. I have never been to Santiago (let alone Chile) so I cannot say whether there is any…

Picking up where I left off in the last post regarding forward earnings, David Rosenberg has this to say: Intel enjoyed its best quarter ever at the peak of the inventory cycle. Well done. What we are grappling with is this. If the…