695 Results for:
Filters

March 16, 2007

United States
Jen v. Setser on exchange rates and global adjustment

It is fair to say that I see the world very differently than Dr. Jen.  He thinks imbalances are a natural byproduct of globalization.    I think they are a natural byproduct of undervalued exchange r…

regional_balance_smaller
Blog Post by Brad W. Setser Follow the Money

May 3, 2006

Financial Markets
Stephen Jen knows currencies, not communiqués

Stephen – the dollar will go down, but “ the US will not adopt a weak dollar policy … and the sky will not fall on the dollar” – Jen has gotten the course of a the dollar/ euro roughly right for the …

Blog Post by Brad W. Setser Follow the Money

October 26, 2005

United States
What to say when the markets are listening to Stephen Jen?

The Economist's Buttonwood struggles with something I have also struggled with:Stephen "Interest rate and growth differentials, not current account deficits" Jen has basically been right on the dolla…

Blog Post by Brad W. Setser Follow the Money

November 5, 2006

Monetary Policy
Stephen Jen - the anti-Roubini (and the anti-Setser)

The odds of a US recession: Nouriel Roubini: 90% Stephen Jen: 13%  I know my comparative advantage does not lie in gauging whether or not a sharp fall in residential investment will spill o…

Blog Post by Brad W. Setser Follow the Money

February 28, 2024

Trade
World Economic Update

The World Economic Update highlights the quarter’s most important and emerging trends. Discussions cover changes in the global marketplace with special emphasis on current economic events and their i…

Play A worker sits as a crane unloads containers from a ship
Event by Jan Hatzius, Karen Karniol-Tambour, Jens Nordvig, and Sebastian Mallaby Greenberg Center for Geoeconomic Studies

January 30, 2005

Financial Markets
Stephen Jen might want to rejigger his model

Apparently, Mr. Jen thinks the dollar -- despite the United States’ 6.2% of GDP current account deficit -- is significantly undervalued against all major currencies, and fairly valued against most As…

Blog Post by Brad W. Setser Follow the Money