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‘New Normal’ For Unemployment?

…much more difficult if not impossible. It would require trading jobs with someone who has the job you want and wants the job you have (and both employers would have…

Going to Washington as a financial blogger

…backstop in that short a period of time?) I am not certain this change will be salutary in the absence of trading counterparties knowing exactly what would happen to them…

That 3.5% rise in GDP

…Census Bureau announced today that advance estimates of U.S. retail and food services sales for September, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes,…

Foreign exchange reserves are hot hot hot

…reducing imbalances as stimulus policies are eventually withdrawn and demand by China’s trading partners recovers. It’s farcical to think that the G7 can browbeat EM countries into curtailing excessive reserve…

Mark Cuban Makes the Key Point

…fine with companies not beating their numbers if the company is making progress towards a clearly defined goal….Taxation can change the focus on public companies and stock trading. That would…

A different sort of crowding out

…failures like GM should be gone, or at least trading in the pennies — is history. Today, a hedge fund investing billions using a quantitative formula can stall a stock;…

WTO signals backing for border taxes

…EDITOR’S CHOICE Europe moves to reduce pollutants – Jun-26EU invests in China carbon capture facility – Jun-25Carbon credits placate US farmers – Jun-25Australia delays vote on carbon trading – Jun-25…