In The Wall Street Journal, economics professor Lawrence H. White of George Mason University writes that Germany has cut government spending and its economy is growing smartly. It's not the first time that market-friendly policies have led the nation out of crisis.
[caption id="attachment_100052822" align="alignnone" width="460" caption="The US Capitol building in Washington DC (Photo: EPA)"][/caption] Democrats in Congress are no longer asking themselves whether this is going to be a bad election year for them and their party. They are asking whether it is go...
So much for the idea that Peter Orszag's piece in the NYT today was some sort of "trial balloon" on the part of the administration, to see if it might reverse itself on the matter of the Bush tax cuts.
Turns out The White House is now directly going against the prescription put forth by its former C...
These are pretty strong words, given they are coming from ex-Morgan Stanley Andy Xie:
Caixin:
But institutional investors are intermediaries, too. Why should savers give them money to manage? Not for superior performance: More than 90 percent of institutional investors underperform market indexes....
In case you haven't been paying attention, gold is on a tear.
Mike O'Rourke of BTIG argues that thanks to Bernanke, gold will continue to outperform.
Gold is screaming inflation and Treasuries are screaming deflation and the irony of that is not lost on us. We view them both as indications that...
I know many of you don’t like to hear I told you so, but if you don’t subscribe to the blog you can always take the advice that I proffered last week: “I Suggest Those That Dislike Hearing “I Told You So” Divest from Western and Southern European Debt, It’ll Get Worse Before It Get’s...
Because of rapidly rising commodity costs the UK has experienced its quickest rate of food price inflation this year during the month of August, according to the British Real Consortium. In particular, wheat and sugar are two key ingredients behind steeply increasing expenses for food makers.
Accord...
CNBC Video: Anthony Sanders, a real estate professor at George Mason University, and David Crowe, chief economist at the Natl. Association of Home Builders, share their views -- Aired Sep. 7, 2010
Crowe, the tool from the NAHB, wants a brand new $25,000 tax credit for home purchases. Let that s...
The risk aversion trade was back in play today with treasuries, the dollar, the Yen, and gold all rallying while the Euro and European government bonds (except German Bunds) were under significant pressure.Please consider Stocks, Irish Bonds Drop, Gold, Yen Rally on Europe ConcernStocks slid, while...
Washington Times, by Richard W. Rahn Posted By: KarenJ1- Tue, 07 Sep 2010 23:31:55 GMT If a medical doctor prescribed a treatment for a patient that only worked in theory, and the patient did not get better, the doctor could rightly be sued for medical malpractice if triedandtrue cures were known. W...
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