314 Results for:

December 30, 2005

Economics
Things I got wrong in 2005

Alas, this list is rather long.   There is a reason why Mike Dooley ended the first segment of our Econoblog debate by noting that he had been right (and I and other worry warts had been wrong) for 2…

October 14, 2005

Financial Markets
Are tax breaks for houses at risk?

Last weekend's Los Angeles Times (via the Economist's View) article on Bush's advisory commission made it pretty clear that at least one member of the commission, Charles Rossotti, had  t…

February 25, 2006

China
Is China’s peg creating more problems than benefits for China?

 Stephen "current account deficits don't matter, at least not in the dollar zone" Jen is starting to sound a bit like Brad "Doom and Gloom caucus, trade deficit division" Setser. At least on Chin…

April 24, 2006

RGE pays my salary, not the IIE — and I am not exactly a true believer in dark matter

Patrick Smith seems to be based in Hong Kong, so I guess I can forgive him for thinking I work for the IIE (the Institute for International Economics).  The IIE is a great place, but they , alas, don…

April 4, 2006

United States
Bill Gross, no longer the bond king …

Bill Gross of PIMCO certainly seems to think foreign central banks matter - despite the arguments from some in the Fed (and the Treasury).Foreign central banks made famous and in fact prosperous by t…

October 30, 2006

Financial Markets
Can David Rosenberg out-Roubini Roubini?

Nouriel “If you are going to be a bear, might as well be a grizzy” Roubini has a bit of competition.  Merrill’s David Rosenberg now puts the odds of a recession at up to 80% “HSBC, US Bank ... now pe…

October 4, 2006

Europe
Are higher oil prices good for Europe?

Probably not.  But they may not be so bad for Europe either.  So argues the European Commission. Europe doesn’t use nearly as much oil as the US does – by any measure.  And most of the oil …

January 8, 2007

United States
Two reasons why I am cautious about predicting a big turn in the trade deficit

1. A rising fraction of the Toyotas sold in the US are now made in Japan.  The Journal:Toyota has said it aims to produce in North America two-thirds of the overall number of vehicles it sells here. …

March 15, 2007

Financial Markets
Just how big is the yen carry trade?

Stephen Jen of Morgan Stanley insists not-so-big.  Or at least that the large size of the carry trade cannot be proved – and that the impact of any recent unwinding has been overstated.   That is his…

November 19, 2007

Financial Markets
Another bad TIC data release

I am back in the United States, and ready to get back to work.   Before turning to the TIC data though, let me first thank Michael Pettis for filling in here so ably once again.    I cannot oversta…