Economics
Latest
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Markets’ Initial Reactions to the New Fiscal Compromise
Financial markets have reacted to the new tax cut deal between the White House and Congressional leaders which would add some $800-900 billion to our...
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Steven Pearlstein Joins the Announcement Effect Club
After the addition of the Fiscal Commission to the Announcement Effect Club last week, Steven Pearlstein of the Washington Post kept the membership...
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The Center for American Progress Gets Specific
Today, the Center for American Progress released a plan to get specific on our growing deficits and debt. Or, rather, they've released five...
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MARKETWATCH: November 29-December 3, 2010
What a week it’s been. Just look at the ups and downs of the yield on the benchmark 10-year Treasury note. The week started with the safe haven play...
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Fed Vice Chair Yellen on Fiscal Responsibility
As they read over the draft Fiscal Commission plan released today, many politicians will wonder why in the world should they agree on a plan – any...
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Fiscal Commission Joins the Announcement Effect Club!
In today's release of the Fiscal Commission's final recommendations, the report undoubtedly, unequivocally, indubitably joined the Announcement Effect...
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'Our Fiscal Security' Gets Specific
You might have missed it last week if you were preparing to chow down on some turkey, but Our Fiscal Security (OFS)--a joint project of the Economic...
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One More in the Announcement Effect Club and A So-Close Member
Pete Davis over at Capital Gains and Games joined the Announcement Effect Club over the weekend and FDIC head Sheila Bair came very close. In a blog...
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The Economist Joins the Announcement Effect Club
The Economist joined the Announcement Effect Club last week in an article calling for leadership on the deficit. Following many other plans put out...
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Chairman Bernanke once again: the importance of putting US fiscal policy on a sustainable path
Of particular interest for us, Fed Chairman Bernanke noted the following in his speech today on “Rebalancing the Global Economy” at the European...
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MarketWatch November 15 - 19, 2010
Good news on the domestic front breathed some life into the Dow this week. The new (and, it appears, improved) General Motors came to market to shed...
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MarketWatch: November 8-12, 2010
Domestic and global financial markets are being driven by major cross-currents once again. On the home front, dust is still settling in the markets...