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December 11, 2012

Budget, Debt, and Deficits
The Fiscal Cliff: What Is Success?

There seems to be more optimism that a deal can be reached before end year on the back of Obama-Boehner direct talks.  But views of what constitutes “success” vary widely, and notably how DC and NY l…

cliff stock broker

June 18, 2012

Trade
Morning Brief: Delaying the Fiscal Cliff

Current legislation calls for over $500 billion in spending cuts and tax increases at the end of 2012, a “fiscal cliff” that The Economist argues politicians should postpone. While acknowledging that…

Alan Simpson (R) and Erskine Bowles (L) testify before Congress in November 2011 about their commission's plan to attack long-term budget challenges through tax and entitlement reform, along with discretionary spending cuts (Jonathan Ernst/Courtesy Reuters).

December 2, 2013

Thailand
Thailand Heads Over the Cliff

Over the weekend, Thailand’s unrest, centered in Bangkok, only went from bad to worse, with at least four people killed over the weekend, the anti-government demonstrations showing no sign of ending,…

An injured anti-government protester is carried by comrades during clashes with police near the Government house in Bangkok on December 2, 2013. (Damir Sagolj/Courtesy Reuters)

August 23, 2012

Trade
Morning Brief: CBO Warns Fiscal Cliff Will Cause Recession

The nonpartisan Congressional Budget Office (CBO) predicts a recession in 2013 with an economic contraction of 0.5 percent if the "fiscal cliff" is not addressed (TheHill). The CBO director implored …

Congressional Budget Office Director Elmendorf gestures as he testifies before the first Joint Deficit Reduction Committee hearing on Capitol Hill in Washington

January 18, 2013

Budget, Debt, and Deficits
Fiscal Cliff Update: a Short-Term Debt Limit Extension Shifts the Battlefield

Reports from the House Republican’s Williamsburg retreat suggest growing momentum in favor of a short-term debt limit extension.  This follows calls over the past few days from several prominent Repu…