The Economy Is the Real Deficit Problem
The deficit fearmongers are out in full force, warning that massive debt payments will further exacerbate the deficit and ultimately bankrupt the country. While we agree that steadily increasing...
The deficit fearmongers are out in full force, warning that massive debt payments will further exacerbate the deficit and ultimately bankrupt the country. While we agree that steadily increasing...
The US Treasury Is Supporting the Bond Market! On Tuesday, the US Treasury conducted its largest debt repurchase since the start of the buyback program, acquiring $10 billion in securities. In recent...
The European Open Following Asia's trend, EUROSTOXX 50 and FTSE futures both rose about 0.1%, while Nasdaq and S&P 500 futures in the U.S. also pointed to a higher opening. Looking at individual...
US-China talks resume; chances of an agreement increase Mixed US stocks performance, but S&P 500 just shy of all-time high Another set of soft UK data weighs on the British Pound Gold trades...
Gold Edges Higher Despite Easing U.S.–China Tensions The gold price (XAU/USD) rose by 0.46% on Monday despite a decline in safe-haven demand caused by easing U.S.–China trade tensions. Diplomatic...
The trading week is starting on another risk-on session following last Friday's positive mood from the Non-Farm payrolls beat. There wasn't any release of Economic data yesterday, and a few markets...
In the hilarious comedy movie "What About Bob," Bill Murray, who plays Bob, tells his shrink, "that there are two types of people in this world. Those who like Neil Diamond and those who...
In the previous post, I discussed a new paper from Edward Glaeser and Joseph Gyourko. It seems to me that economists are putting effort into testing relatively weak hypotheses about trends in housing...