July 2009

In the clearest signal yet that we are still in a potentially devastating global deflationary spiral, The Riksbank, Sweden’s central bank and the world’s oldest central bank, has effectively cut interest rates to minus 0.25% and has started…

I hope people had a safe and happy fourth. Profiting from an Irvine bank failure - Mortgage Insider - OCRegister.com Interesting look into FDIC procedure Bank of England's Monetary Policy Committee considering expanding quantitative…

Happy 4th of July everyone.

The Absolute Return Letter, July 2009 “You can’t beat deflation in a credit-based system.”-Robert Prechter The great debate As investors we are faced with the consequences of our decisions every single day; however, as my old mentor…

Credit is still tight despite the low Libor rates and other signs that market stress has died down. Case and point is an item I ran across on the Norwegian site E24. Apparently, Amsterdam is losing revenue as its prostitutes in the red…

Happy 4th of July, America. I Know This Much Is True - Barrons.com An interview with "Random Walk" Author Burton Malkiel. He talks about China and more. The human cost of businesses entering administration is high -…

In America tomorrow is July 4th, which is a big celebration.  For a lot of people it means fireworks.  But, fireworks are actually pretty dangerous.  So before you go out and buy those illegal M-80s, you need to watch this…

In the lead-up to next week’s G8 summit, the Chinese have been making yet more noises about setting up a new monetary system without the dollar as its anchor and leading reserve currency.  The Chinese, who have maintained a export…

Just when you thought things couldn’t get any more questionable in Washington, then along comes this (hat tip Tom). Washington Post publisher Katharine Weymouth said today she was canceling plans for an exclusive "salon" at…

Economist's View: Tom Keene's "On the Economy" Econoblogger and economics Professor Mark Thoma talks with Bloomberg's Tom Keene. Reforming American health care: Heading for the emergency room | The Economist America’s…