…and on China. Possible effects on the US: The effects on the US’s financial markets would be immediate, though possibly only short-term. The US stock market would tumble. I would…

…Interest rates on US bonds rise just as fast, perhaps by a full percentage point, perhaps more. Around the world, stock markets fall just as fast as interest rates rise….

…approach to economic policy. The first is that he sees it mainly as a question of salesmanship. Showing an admirable faith in markets, the president seems to think that economic…

…to what the Social Security system would become under the president’s proposed changes. This has the tone of liberals do not trust markets. This piece has been hammered by Brad…

…either conclusion. However, it is interesting to note that the deceleration in house price increases was extremely broad-based, shared by a wide variety of markets. This suggests that the reasons…

This week’s Buttonwood column in The Economist is typically bearish about the prospects for the financial markets in 2005, but more than typically explicit about why: As Christmas is fast…

…many of our Latin American markets to the south, and a goodly proportion of our Pacific markets on the west, through the retaliatory tariffs of those countries. It has forced…

Serious Anxiety about the Dollar… In Europe Last night there were a few hours of near-panic in the currency markets as the result of a report that the EU was…

…have been pointing us for years towards the work of IMF Senior Economist Manmohan Singh on collateral chains in financial markets. He provides wonderfully cogent explanation of the shadow-banking system…

…unhealthy developments across the euro area labour markets – developments that are not truly indicative of “rebalancing”. Rebecca Wilder Filed under: Euro area, Labour Markets, Uncategorized   seems not a…