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June 8, 2005

Economics
Greenspan’s conundrum and oil

The most profitable sector of the Chinese economy, according to data from UBS. Mining. It is not even close. I presume that includes mining for oil. Remember that. I will return to it in a bit.A…

April 12, 2012

Egypt
Egypt: The Omar Theories

It is fair to say that Omar Suleiman’s bid to be Egypt’s next president is one of the most unexpected developments in post-Mubarak Egypt.  The last time anyone had seen or heard from Suleiman, he app…

Omar-Suleiman

December 4, 2013

Israel
A Conversation About Israel

Israeli columnist Ari Shavit just came out with a new book, My Promised Land, that is receiving tremendous media attention in the United States. I joined Ari and David Remnick, editor of The New York…

September 7, 2006

China
Tyler Cowen apparently did not read my China testimony! The RMB’s value does influence trade flows

The New York Times’ conservative columnists certainly know how to get my blood boiling.  David Brooks, among other things, apparently thinks the key to a hedge fund salary is good people skills – not…

August 24, 2007

Monetary Policy
Falling central bank Treasury holdings at the New York Fed

The recent custodial data from the Fed leaves no doubt that foreign central banks have dramatically reduced their Treasury holdings in August.    Thanks to Russ Winter, I realized that the New York F…