278 Results for:

September 16, 2005

United States
Has the US outsourced creative thinking about external adjustment to … France?

Many have noted that President Bush likes French-style vacations.  Not so many have noticed that French economists have been at the forefront of thinking about the US current account deficit, and the…

Has the US outsourced creative thinking about external adjustment to … France?

January 5, 2006

China
Chinese Sterilization Watch

Three things to watch closely in 2006:The size of China's reserve increase.   Some say it is falling back from its recent $20 b or so monthly pace.  I am not convinced.   The amount of sterilization …

May 18, 2006

United States
One more reason the dollar is under a bit of pressure …

The dollar’s strength in 2005 was a bit of  a puzzle to those who worried about  the scale of the US current account deficit.  Afterall, a growing current account deficit – and the deficit grew by ar…

feldstein2

July 28, 2006

China
The premier speaks, the analysts listen …

I no longer will be able to make fun of China for letting its exchange rate float between 7.991 and 7.999.   The RMB is now toying with 7.97.  China’s top leadership now seems convinced that maybe…

November 2, 2006

United States
Could a US recession keep the US income balance from deteriorating …

Richard Iley of BNP Paribas thinks so.    In a comment to a post earlier this week, he noted that BNP Paribas was as bearish as Merrill – and that falling US rates and falling returns on foreign dire…

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