Category Archives: Economics

Global Economic Growth – The Economist

Posted on April 20, 2013 by macromon

In recent years poor countries have enjoyed impressive improvements in GDP per person. But in the rich world they have hardly grown at all. (click here if video is not observable)

Posted in Economics | Tagged , | 1 Comment

Stocks Better Than Alternatives – Economist

Posted on March 7, 2013 by macromon

The Economist sums the melt up best: It is tempting to attribute the strength of the Dow to optimism about the American economy. Tempting, but wrong. Studies have shown almost no correlation between GDP growth and equity returns. Indeed, the … Continue reading →

Posted in Economics, Equities | Tagged , , , | 1 Comment

Stanley Fischer to Replace Bernanke?

Posted on February 18, 2013 by macromon

The Washington Post thinks it is a possibility. Dylan Matthews’ excellent piece — run don’t walk to read — speculates on the  former:  1) MIT/University of Chicago professor;  2)  Ben Bernanke Ph.D. adviser;  2)  World Bank chief economist;  3)  IMF … Continue reading →

Posted in Economics, Monetary Policy | Tagged , , , | 1 Comment

Berlusconi’s incredible comeback – Economist

Posted on February 15, 2013 by macromon

As Italy heads into an tightly-fought election battle between three very different candidates, we ask who stands a chance of winning and what Italy will need from its next leader – EconomistMagazine (click here if video is not observable)

Posted in Economics, Euro, Italy | Tagged , , , | Leave a comment

Stratfor: France’s Economic Challenges in 2013

Posted on January 29, 2013 by macromon

Year to date France’s 10-year sovereign spread is 10 bps tighter to the German Bund and the CAC 40 stock index is almost almost 4 percent.  No worries, mate.   Not yet. Stratfor Europe analyst Adriano Bosoni discusses France’s challenge to … Continue reading →

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Crisis, Contagion, and the Need for a New Paradigm

Posted on January 19, 2013 by macromon

In his lecture at the Latsis Symposium 2012 “Economics on the Move” in Zurich,  Nobel Laureate Joe Stiglitz nails the fundamental problem and crisis of modern macroeconomics, which failed to predict the financial crisis. If you say…what is good science … Continue reading →

Posted in Economics, Video | Tagged , , | 5 Comments

Lagarde on debt ceiling, bank liquidity and paths to growth

Posted on January 17, 2013 by macromon

IMF Managing Director Christine Lagarde talks to Chrystia Freeland, editor of Thomson Reuters Consumer News, about the challenges of regulatory arbitrage, the need to promote job-based economic growth and the dire dangers from the U.S. debt ceiling fight.   – ReutersTV … Continue reading →

Posted in Economics, Video | Tagged , , | 1 Comment

America’s Bubble Dependent Economy

Posted on January 2, 2013 by macromon

Interesting chart (which we marked up) from the JEC of the U.S. Congress illustrating household net worth as a percent personal income.   If that doesn’t look like a head and shoulders formation in the making, nothing does! The second chart … Continue reading →

Posted in Economics, Employment, Politics, Wages | Tagged , , | 7 Comments

The Changing American Economy

Posted on December 25, 2012 by macromon

(click here if inforgraphic is not observable)

Posted in Economics, Infographics | Tagged , | 1 Comment

Chart of the Day: Operation Twisted Yield Curve

Posted on December 12, 2012 by macromon

Interesting chart from Bloomberg on how the Fed’s treasury holdings have changed under operation twist, or more formally, the Maturity Extension Program and Reinvestment Policy. After the end of the month no more selling of the short end to buy … Continue reading →

Posted in Bonds, Chart of the Day, Economics, Monetary Policy | Tagged , , | 1 Comment