The 5 year auction was very good as the yield was 1-2 bps below the when issued and the bid to cover of 2.97 is above the 12 month avg of...
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New York University Professor Nouriel Roubini talks about the global economy and U.S. fiscal policy. Standard Chartered Chief Economist...
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Since we have been discussing human foibles lately, why not go to Jeremy Grantham’s monthly piece, titled Pavlovs Bulls. I...
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New Home Sales totaled 329k, 29k higher than expected and up from a revised 280k in Nov (revised lower by 10k). It’s the best sales...
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One of the stranger aspects of human nature — or is it just people with intense affiliations with ideologies? — is the...
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Assuming little surprise in today’s FOMC statement with respect to their comments on a continued recovery in growth with caveats...
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The head of a large private equity firm once told me that he spends Davos in the lobby of his hotel with back-to-back appointments booked...
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Bill Black is the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of...
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From Hello Muller, the Coenfographic: > click for ginormous graphic
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Back in 2009, I published a list of causal factors of the financial crisis: Who is to Blame, 1-25. It was culled from Chapter 19 of...
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