by New Deal democrat Weekly Indicators for January 6 – 10 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Recent gyrations have changed both the short and long term forecast. Once again, it shows that the biggest problem is that most forecasters simply project existing trends forward. As usual, reading the article […]

by Joseph Joyce Global Networks and Financial Instability The ten-year anniversary of the global financial crisis has brought a range of analyses of the current stability of the financial system (see, for example, here). Most agree that the banking sector is more robust now due to increased capital, less leverage, more prudent balance sheets and better […]

May this year be better than last.  Any predictions?

by New Deal democrat Weekly Indicators for December 24 – 28 at Seeking Alpha My Weekly Indicators column is Up at Seeking Alpha. Ideally a change in trend in the long leading indicators should, over time, manifest in the short leading indicators. Well, in the first half of 2018, the long leading indicators went from positive […]

by Steven Roth (originally posted at Asymptosis) Actually, Only Banks Print Money I’m thinking this headline will raise some eyebrows in the MMT community. But it’s not really so radical. It’s just using the word money very carefully, as defined here. Starting with the big picture: You can compare the magnitude of these asset-creation mechanisms here. (Hint: […]