A key requirement for the recent stock market gains to be more enduring and for the bear’s corpse to be put to rest, is the restoration of investor confidence. A few comments regarding this issue are highlighted in this...
Read MoreThe Federal Reserve Board’s Senior Loan Officer Opinion Survey has just been published. This is an important document for assessing to what extent credit markets are thawing and confidence is returning to the financial...
Read MoreThis post is a guest contribution by Jay Bryson*, global economist of Wachovia. The swine flu epidemic has become front page news this week. Mexico is the epicenter of the outbreak and thousands of cases have been reported in...
Read More“Goodbye safe havens, hello risky assets.” This was the refrain of investors’ theme song during the past week. Safe-haven assets were out of favor as better-than-feared corporate earnings and signs of a budding...
Read MoreMore than a decade ago, Alan Greenspan coined the term “irrational exuberance” to warn of stock prices which had risen too high during the tech bubble. Today, according to US Global Investors, a similar hysteria of...
Read MoreThis post is a guest contribution by Rebecca Wilder*, author of the of the News N Economics blog. The 2009 global economy is still contracting quickly, as shown by key Q1 GDP reports. However, there are some glimmers of hope...
Read MoreAs the financial markets await the bank stress test results in the US, a potpourri of video clips was produced. Although the discussions were varied, a golden thread prevailed: the duration of the financial crisis and the...
Read MoreBy RGE Monitor A few years back, before this crisis erupted, several economists were concerned about the sustainability of the large global imbalances fueled by the so-called Bretton Woods 2 (BW2) system. These economists...
Read MoreThis post is a guest contribution by Paul Kasriel* of The Northern Trust Company. Congress currently is in no mood to authorize more funds to help recapitalize the financial system. The Treasury says this will not be a problem....
Read MoreWhere is the stock market heading? Has the rally that started in early March been exhausted? These are the key questions on all investors’ minds as financial markets remain caught between the frantic actions of central...
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