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January 10, 2006

United States
Directing the perennial dollar horror story

(Dollar) gloom and doom sells.  Even if it isn't true.So says Bloggin' Wall Street Folks who worry about the trade deficit are in denial. They cannot accept that in the new (financial globalized) eco…

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February 15, 2006

Economics
Mandel v. Setser. Round two. More on intangible exports and dark matter

I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightly bi…

March 18, 2006

United States
What Geithner said. And then some

Most of the blogosphere has already weighed in on Tim Geithner's most recent speech.   I am a bit late to the party.   And I may not have much to add. I deeply agree with Geithner's argument that th…

April 12, 2006

United States
Watch for imports to surge in March

China's March trade surplus topped $11b - and its goods exports were a very impressive $78 billion.  China February surplus was about $2.5 billion, and its exports only 54.1 billion.  China had an im…

Watch for imports to surge in March

June 9, 2006

United States
Not quite as bad as I expected (the April trade numbers)

A $63.4b trade deficit isn't small.    But it is a bit smaller than the average $65b deficit of the fourth quarter.  And, in all honesty, I expected a bit higher number.The dog that didn't bark: oilO…