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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…

September 20, 2006

Europe
Is it Europe’s turn to rise a housing bubble?

Both Morgan Stanley (at least Eric Chaney) and JP Morgan (in their latest global outlook) now recognize that Europe has emerged as an important engine of global demand growth.    Indeed, the 2005 sur…

eu_housingmarket_on_the_tak

March 23, 2007

Emerging Markets
Chindia (or maybe not)

The similarities between China and India have seized many (see Martin Wolf's column and the resulting discussion).   Both China and India have enormous populations -- and enormous scope to increase t…

May 11, 2008

Monetary Policy
Taking stock of the dollar’s global role

Peter Goodman looks at the dollar – and the growing dollar reserves of emerging market central banks -- in today’s New York Times. He captures the poles of the debate well. Ken Rogoff argues that…

cofer_08_2

January 7, 2010

North Korea
North and South Korean New Year’s Resolutions

North Korea has traditionally utilized the new year to set priorities and provide guidance to its people. Under Kim Jong Il, this guidance has come out in the form of a combined New Year’s editorial …