Category Archives: Monetary Policy

Inside Job

Posted on November 8, 2010 by macromon
Posted in Equities, Fiscal Policy, Monetary Policy, News, Policy, Politics | Tagged | 1 Comment

QE2, Trade Deficits, and the G20

Posted on November 7, 2010 by macromon

Given next week is the G20 in Seoul and the U.S. is pressing to address trade balances,  we thought the following chart from the Congressional Research Service is quite timely.  Trade deficits are big drag on GDP (see chart below)  … Continue reading →

Posted in China, Currency, Monetary Policy, Politics, Sovereign Risk | Tagged , , | Leave a comment

Quote of the Day

Posted on November 6, 2010 by macromon

I predict that the unemployed in this country who will face the inevitable inflation of this money-printing will find little joy in watching Indonesian stocks rise further.  – Howard  Simons

Posted in China, Commodities, Currency, Monetary Policy | Tagged , , | Leave a comment

Bank of Japan Outlines Nikkei ETF Purchases

Posted on November 4, 2010 by macromon

After yesterday’s FOMC action and Ben Bernanke’s Op/Ed in the Washington Post essentially stating the Fed is targeting the stock market, we now get the Bank of Japan’s outline for asset purchases. Next week the BoJ begins buying Nikkei and … Continue reading →

Posted in Black Swan Watch, Commodities, Gold, Monetary Policy, Policy | Tagged , , | 1 Comment

‘Firewall needed’ to prevent cash surge – China Daily

Posted on November 4, 2010 by macromon

We have written in numerous posts about John Bull’s “Tsunami of Dollars” flooding into the emerging markets.   China Daily writes, China should “set up a firewall” as uncontrolled dollar printing in the United States will drive more liquidity into … Continue reading →

Posted in BRICs, China, Commodities, Credit, Currency, Equities, Gold, Monetary Policy | Tagged , , , | Leave a comment

GIDDY-FRICKIN-UP!

Posted on November 4, 2010 by macromon

Was it Bernanke’s piece in today’s Washinginton Post that a higher stock market is the economy’s healing balm? This approach eased financial conditions in the past and, so far, looks to be effective again. Stock prices rose and long-term interest … Continue reading →

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Beijing, China 2030 AD

Posted on November 4, 2010 by macromon

What would Krugman think?  

Posted in Black Swan Watch, China, Fiscal Policy, Geopolitical, Monetary Policy, Policy, Politics | Tagged , | Leave a comment

Ron Paul to Chair Monetary Policy Subcommittee

Posted on November 4, 2010 by macromon

That is what Dave Weigel over at Slate is saying, Sometimes all you need is the headline. Ron Paul is slated to run this subcommittee, giving him some actual power and a megaphone on the issue dearest to his heart. … Continue reading →

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

What the Fed did and why – Ben Bernanke

Posted on November 3, 2010 by macromon

Ben Bernanke published an Op/Ed piece in today’s Washington Post explaining the FOMC’s action.  Here are the money quotes, The FOMC decided this week that, with unemployment high and inflation very low, further support to the economy is needed. With … Continue reading →

Posted in Equities, Monetary Policy, News, Policy, Politics | Tagged , , , | 2 Comments

Fed to Face Short Squeeze in New Congress

Posted on November 2, 2010 by macromon

The Republican takeover of the House and some big gains in the Senate will put the heat on the Fed over its ultra-loose monetary policy.  We wrote about the hard money bias of the new Republican leaders several weeks ago.  … Continue reading →

Posted in Fiscal Policy, Monetary Policy, Politics | Tagged , , , , | 1 Comment