The world's economic myths, especially…
The World Bank forecasts slower…
Any doubts that China’s Yuan is a huge screaming buy should have been dispelled when news came out that it had displaced Germany as the world’s largest exporter. The Middle…
Big jumps in yields on U.S. Treasury bonds over the past week. Check out the one-year Treasury. Yields are up 30% since November 8. To their highest level since early…
Jeremy Grantham, of the esteemed Boston money management firm, GMO, LLC, is not a person who suffers fools gladly (click here for their site). I learned this the hard way,…
The call that a turn in the dollar was imminent by Brown Brothers Harriman’s Mark Chandler is looking more prescient by the day. September and October was all about pricing…
It's not going to be another Lehman. A failure of a bank or major corporation won't cut it anymore. Governments globally have shown they're willing to step in and bail…
Ben Bernanke’s unprecedented announcement that he is buying $600 billion in medium dated Treasury securities is tantamount to the government ordering you to pour all of your money into emerging…
It's official. The Bank of Japan today announced specifics for direct purchasing of Japanese exchange traded funds (ETFs) and real estate trusts (J-REITs). As part of a 35 trillion yen…
The U.S. bond market is murky these days. Yields have been plummeting. But some of the action is almost certainly due to the Federal Reserve once again buying Treasuries. Since…
Answer: both were quoted in the keynote speech last week by U.S. Commodity Futures Trading Commission (CFTC) commissioner Scott O'Malia, at the 13th Annual Energy and Commodities Conference in Houston.…
Who said quantitative easing wouldn’t work? The only problem is that you have to speak Bahasa, eat nasi goreng, and live South of the equator, to take full advantage of…
The US obsession with the Chinese exchange rate is a classic example of blaming foreigners for domestic woes. And we’ve been here before. In the 1980s, the US government –…
The traditional Swiss finishing school taught young women etiquette and social graces, but international bank regulators are talking about something much tougher when they refer to a “Swiss finish” for…
I managed to catch an interesting interview on TV the other day with Tom Albanese of Rio Tinto (RTP), the planet’s second largest producer of iron ore. It is one…
OK, let’s say that if you don’t own bonds, but someone is holding a gun to your head, dangling you by your ankles outside a window on a high floor,…
Overnight, the Bank of Japan announced unprecedented monetary policy. The Japanese are going "all-in" on economic stimulus. Since the financial crisis, "monetary easing" has been a buzzword globally. For many…
I have long sat beside the table of Mckinsey & Co., the best management consulting company in Asia, hoping to catch some crumbs of wisdom. So, I jumped at the…
I managed to catch a few comments on TV yesterday in the distinct northern accent of Jim O’Neil, the fabled analyst who invented the “BRIC” term, and who has been…
THE ECONOMIST ADDS ELEVEN NEW SPEAKERS TO 2010 BUTTONWOOD GATHERING LINE-UP. Peter Orszag, Neal Wolin, Jeffrey Sachs, Robert Rubin, And Others To Join Discourse On Global Finance And Economy (NEW…
Big news out of Europe today. The European Parliament has endorsed the "EU financial supervision reform package". Basically, this is a series of principles aimed at creating a cohesive regulatory…
What will the Republicans winning in November mean for your portfolio? This is an easy call to make. Expect a dramatic roll back of the leftward policies the country has…