Take a look at this Washington Post article by Jonathan Weisman, which the big blogs have justly pounced on. The initial framing of Weisman’s article is just way, way off. Social security in no way…

It is a bit hard to start shorting the renminbi (RMB/ the Chinese currency) just because China has now made its appearance on the cover of Newsweek. It is hard to short something that has yet to be …

Luxury retailers are doing better than retailers that sell to poor folks ... that probably reflects the difference between those who are trying to get by on stagnant wage income in the face of higher…

What happened?Quick answer:Look at seasonally adjusted non-petroleum imports (All data comes from here).Jan 2005: 142.4 bFeb 2005: 143.4 bMarch 2005: 138.3 bJan 2004: 122.2 bFeb 2004: 124.6 bMarch 20…

Ok, housing is not usually thought of as an export industry.  But it sure seems to be doing quite well. And, as General Glut has pointed out, it is quite possible to securitize the payment stream on…