By EconMatters Markets saw its worst day since the 2008 financial crisis on Monday, Aug. 8, the first trading day since Standard and Poor’s downgraded the United States’ credit rating. Under the weight of a possible...
Read MoreBy Ilene (Guest Post) On Friday, August 5, Standard and Poor’s downgraded U.S. debt from AAA to AA+, and assigned a negative outlook to U.S. debt. In its press release, S&P directly addressed the contentious...
Read MoreBy Kurt Cobb (Guest Post) Some time ago an economist with whom I had an extensive exchange suggested that the best way to incentivize an energy transition would be to tax what we don’t want and let the market do the...
Read MoreBy Stan Abrams (Guest Post) Hiding in a nondescript commercial building in the go-go Chaoyang District of Beijing is a 5,000 square meter office that could make Western journalists queasy. The small brass plaque above the...
Read MoreBy EconMatters The biggest news last week (other than the $2.5-trillion that got wiped off global stock markets) is that Standard & Poor’s made good on its tough talk and downgraded the United States long-term credit...
Read MoreBy Frank Holmes (Guest Post) A flurry of weak economic news lately is weighing heavily on copper’s price. Recently, the red metal dipped to its lowest since July 25 after a release of weak global manufacturing numbers and...
Read MoreBy Stan Abrams (Guest Post) Here’s the lowdown on one political advertisement that has been making the news because of its blatant China bashing and fear mongering. It is also the latest example of what I’m calling...
Read MoreBy Charles Rotblut (Guest Post) Last week, I said that Wall Street’s focus will be on the economy in the weeks to come. On cue, the economic data stunk badly enough to draw everyone’s attention. Second-quarter GDP...
Read MoreBy Bruce Krasting (Guest Post) There is one aspect of the final debt deal from DC that took me by surprise. I was convinced the 2% reduction in payroll taxes would be extended through 2012. Not only did I think there...
Read MoreBy Central Bank News (Guest Post) The past week in monetary policy saw 12 central banks reviewing monetary policy settings, with 2 expanding asset buying programs, and just 3 adjusting interest rate levels. Those that...
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