Tomorrow the Fed will pause -- but an end to the easing cycle would be more refreshing.
Tuesday, April 29, 2008
Fed vs ECB -- the ECB Wins
Wednesday, April 23, 2008
The euro's run may be ending as the Fed starts acting more like the ECB.
It Doesn't Look As Bad Now As it Did Then
Thursday, April 10, 2008
Don't read too much into minutes of an FOMC meeting held the day after the end of the world.
Weak Jobs Today, Better News Ahead?
Friday, April 4, 2008
It's still a slowdown, not a recession -- but whatever it is, it's almost over.
Inflation: Not the Worst Case, But Still a Case
Wednesday, March 26, 2008
The Fed isn't going to be as easy as it once seemed, but it's still very easy.
Emerging Markets, Emerging Dollar Inflation
Thursday, March 13, 2008
US inflation shows up first in the developing world, and then it comes home to roost.
Wednesday, March 5, 2008
The Fed's statements about inflation expectations are not anchored to reality.
No Quandary Here?
Thursday, February 21, 2008
The Fed has a bogus rationale for sacrificing price stability on the altar of easy money.
A Stronger Dollar? Don't Be Fooled
Tuesday, February 12, 2008
The ECB is poised for excessive ease, weakening the euro but not strengthening the dollar.
Something For Everyone
Monday, February 4, 2008
Recent data supports both optimism and pessimism, but we're still on the upbeat side.