Relevant and even prescient commentary on news, politics and the economy.

Weekly Indicators for May 2 – 6 at Seeking Alpha

 by New Deal democrat Weekly Indicators for May 2 – 6 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Over the past few months, indicators across all timeframes have deteriorated. With increasing interest rates, and another Fed rate hike, that trend continued, and spread to credit conditions in a significant way. As […]

Weekly Indicators for April 18 – 22 at Seeking Alpha

by New Deal democrat Weekly Indicators for April 18 – 22 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. While I was writing about mortgage rates during the week, the yield curve did some re-tightening, enough to make a difference in the long term forecast. As usual, clicking over and reading should […]

The IMF’s Proposed Policies on the Management of Capital Flows

by Joseph Joyce The IMF’s Proposed Policies on the Management of Capital Flows The IMF’s views on the advantages and drawbacks of capital flows have substantially evolved over time. The Fund reversed its opposition to capital controls in the wake of the global financial crisis of 2007-09, when it adopted the “Institutional View on the […]