Economics
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: In light of Obama advisor Larry Summers’ recent speech on the...
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Carlo Cottarelli Joins the Announcement Effect Club
Read moreYou might have missed it yesterday, but during the second meeting of the National Commission on Fiscal Responsibility and Reform, IMF Director of...
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OECD on the Fiscal Outlook: The Way Forward
Read moreThe OECD (the Organization for Economic Cooperation and Development, the Paris-based think tank for the 31 richest countries) released its twice-a...
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Translating Dr. Summers’ Econospeak: Are Budget Deficits Good or Bad?
Read moreLarry Summers gave a very interesting and thoughtful talk in Washington recently (May 24). But it was delivered in High Oracular Econospeak, so many...
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Alan Blinder Joins the Announcement Effect Club, Calls for Social Security Reform
Read morePrinceton's Alan Blinder says the bond market vigilantes are back; in Europe for now, but they'll be coming here soon. The bond vigilantes, for those...
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Market Watch: More Spillover from Greece
Read moreThroughout the week, U.S. financial markets continued to be dominated by a global market “flight to quality” in response to perceived EU policy...
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MARKETWATCH THIS WEEK Is It Good to Be A Safe Haven?
Read moreU.S. markets continued to be dominated this week by the continuing roller coaster ride from the Greek (and eurozone) debt crisis. More positive U.S...
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Marketwatch Update: The US as Safe Haven Returns - but Technical Glitches May Have Also Kicked In
Read moreIt wasn’t enough that we had a lot of impressive economic news this week (including today’s solidly positive employment numbers – even though...
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Market Watch Update: April 26-30
Read moreAs of mid-day Friday, April 30, the government bond market was on track to have a good week, with prices up (and therefore yields down, because they...
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R We Having a U Shaped Recovery ?
Read moreOn April 30, the Bureau of Economic Analysis released its first estimate of first quarter real GDP. Typically, the first estimate is revised a lot in...
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Ryan Joins Announcement Effect Club, and Rubin Comes So Close
Read moreAt yesterday's Peter G. Peterson Foundation Fiscal Summit, the Announcement Effect Club saw its membership bump up, yet again. During the second panel...
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Market Watch Update: April 19-23
Read moreAs of mid-day Friday, April 23, the yield curve looked steeper for the week (that is, interest rates rose on Treasury instruments at the longer end of...