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April 15, 2005

United States
The February TIC data

And the money keeps rolling in ... In February, the US raised $84.5 billion in financing abroad through the sale of long-term securities. Net sales of debt ("debt exports") of $92.5 billion let the…

June 1, 2005

United States
Is the US sufficiently geared up?

Deep Throat is no longer Washington’s best kept secret, the ten-year Treasury note yields less than 4% and Stephen Roach is a (reluctant) bond bull. The currency of a country with a 6.5% of GDP cur…

November 8, 2004

Pepsi is no longer red, white and blue

Buried deep within the Scott Kilman’s Monday WSJ article on rising food imports is the following gem:"Much of the Pepsi-Cola sold in the US is made from concentrate imported from places such as Irela…

August 3, 2007

China
What RMB appreciation?

There is a tendency to equate the RMB/ dollar with the RMB.   That most often shows up in tendency to equate an appreciation of the RMB against the dollar with an appreciation of the RMB.   That is a…

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March 21, 2011

Politics and Government
Campaign 2012: Hello Tim Pawlenty, GOP Presidential Candidate

Tim Pawlenty speaks during the Iowa Faith and Freedom Coalition's Spring Event on March 8, 2011. (Brian Frank/courtesy Reuters) Only one Big Ten university has ever graduated an American preside…

Tim Pawlenty speaks during the Iowa Faith & Freedom Coalition’s Spring Event at Point of Grace Church in Waukee, Iowa on March 8, 2011.

April 18, 2011

Politics and Government
Campaign 2012: Hello Rick Santorum, GOP Presidential Candidate

Rick Santorum speaks during the Iowa Faith & Freedom Coalition's Spring Event in Waukee, Iowa March 7, 2011. (Brian Frank/courtesy Reuters) Pennsylvania State University can claim many accomplis…

Rick Santorum speaks during the Iowa Faith & Freedom Coalition’s Spring Event in Waukee, Iowa March 7, 2011.

April 21, 2011

Elections and Voting
Campaign 2012: Hello Gary Johnson, GOP Presidential Candidate

A worker sits on a pile of presidential campaign T-shirts for former New Mexico Governor Gary Johnson at the Conservative Political Action conference in Washington on February 10, 2011. (Kevin Lamarq…

A worker sits on a pile of presidential campaign T-shirts for former New Mexico Governor Gary Johnson at the Conservative Political Action conference in Washington February 10, 2011. (Kevin Lamarque/courtesy Reuters)

May 9, 2011

Elections and Voting
Quick Takes: So Who Won the GOP Presidential Debate?

Herman Cain speaks at the Americans for Prosperity Foundation's "Presidential Summit on Spending and Job Creation" in Manchester, New Hampshire on April 29, 2011. (Brian Snyder/courtesy Reuters) …

Herman Cain speaks at the Americans for Prosperity Foundation’s

March 17, 2011

The World Next Week on Injured Reserve

U.S. President Obama meets with Ireland's Taoiseach Enda Kenny at the White House. (Jason Reed/courtesy Reuters) Technical problems derailed today’s recording of The World Next Week. No, that is…

U.S. President Obama meets with Ireland’s Taoiseach Enda Kenny at the White House.

June 9, 2011

China
America’s Global Future on the Chopping Block

Students from Harvard Kennedy School cheer as they receive their degrees during the 360th Commencement Exercises at Harvard University in Cambridge, Massachusetts May 26, 2011. (Brian Snyder/Courtesy…

Students from Harvard Kennedy School cheer as they receive their degrees during the 360th Commencement Exercises at Harvard University in Cambridge, Massachusetts May 26, 2011.