Category Archives: Fiscal Policy

Table of the Day: Federal Tax Revenues

Posted on January 9, 2017 by macromon
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How to Become a Trillionaire and Other Thoughts

Posted on January 7, 2017 by macromon

Grab one of these: Careful what you wish for central bankers and fiscal policy makers.  Though we don’t see signs of “rollover risk” in any of the G5 or G20, it’s all about confidence and you know what Joe said about … Continue reading →

Posted in Economics, Fiscal Policy, Uncategorized | Tagged , , , , | 10 Comments

Mr. “King Dollar” Takes The CEA

Posted on December 15, 2016 by macromon

Congrats to Larry Kudlow,  a good guy (though a supply side ideologue),  as reports pour in that President-elect Trump will appoint him to head up the Council of Economic Advisors (CEA). He has always advocated a strong dollar, or “King … Continue reading →

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Misplaced Policy Thinking – $1 trillion infrastructure build

Posted on November 18, 2016 by macromon

As the stock market celebrates  and is downright giddy over the prospect of a massive fiscal expansion through a one trillion dollar infrastructure build,  we are less sanguine and propose a different and more long term policy track. The U.S. … Continue reading →

Posted in Economics, Fiscal Policy, Uncategorized | Tagged , , | 2 Comments

Weekend Lecture: Economics of Abenomics

Posted on March 1, 2013 by macromon

The Peterson Institute held a high-level discussion of the economic policy initiatives of Japan’s new government, or Abenomics, on February 15, 2013. This timely event took place just ahead of Prime Minister Abe’s upcoming summit meeting with President Obama. The … Continue reading →

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Who Owns the U.S. Treasury Market?

Posted on January 30, 2013 by macromon

The 10-year Treasury bond yield traded at 2.03 percent today a level not seen since April 2012. We thought it’s a good time to revisit who are the major holders of U.S. Treasury securities.   Some of the data are … Continue reading →

Posted in Bonds, Fiscal Policy, Interest Rates, Sovereign Debt | Tagged , , | 8 Comments

America turns European – Can-kicking is a transatlantic sport

Posted on January 3, 2013 by macromon

Merde! This week’s Economist cover story,  America’s Turns European,  has pulled the curtain from the Wizard of Oz! FOR the past three years America’s leaders have looked on Europe’s management of the euro crisis with barely disguised contempt. In the … Continue reading →

Posted in Fiscal Policy, Geopolitical, Politics | 1 Comment

Bowles and Simpson Weigh In – Leaders Need “Courage”

Posted on January 2, 2013 by macromon

Erskine Bowles and Alan Simpson weigh in on the deal with their just released statement.  The upshot? Leaders need to show more courage to tackle tax reform and entitlements. For Immediate Release Date: January 1,2013 Contact: Jon Romano (romano@fixthedebt.org), 617-435-6613 … Continue reading →

Posted in Fiscal Cliff Monitor, Fiscal Policy | Tagged , , | 2 Comments

Done Deal

Posted on January 1, 2013 by macromon

But not a good deal.  See here. More political circus to come in the next few months. For now, however, let’s ride and enjoy the unleashing of the equity bulls.  The U.S. has some catching up to do. (click here … Continue reading →

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