Daily Archives: March 13, 2009 @ 3:46 pm (Friday)

Deficits vs Unemployment

[Skip to the end] With proactive deficit spending as in 2003 unemployment peaks before the deficit peaks. [top]

Posted in Uncategorized | Tagged , |

Brazil Discovery May Contain 8 Billion Barrels of Oil

[Skip to the end] About 90 days of world consumption. Exxon’s Brazil Discovery May Contain 8 Billion Barrels of Oil by Joe Carroll Mar 13 (Bloomberg) — Exxon Mobil Corp.’s oil discovery off the coast of Brazil may hold enough … Continue reading

Posted in Uncategorized | Tagged , , |

Mark to market fundamentals

[Skip to the end] Mark to market is out of context with our banking model that incorporates government funding of bank liabilities for the further public purpose of lending based on credit analysis. Mark to market is in order for … Continue reading

Posted in Uncategorized | Tagged |

Excellent review of quantitative easing

[Skip to the end] Well done professor! Excellent Review of Quantitative Easing [top]

Posted in Uncategorized |

Barker Says BOE Should Print Money

[Skip to the end] And yet another central banker who doesn’t understand monetary operations… Has to be a new low for the BOE. Barker Says BOE Should Print Money as U.K. Recession Worsens by Jennifer Ryan and Brian Swint Mar … Continue reading

Posted in UK | Tagged , , , |

Imperfect competition in the copper markets?

[Skip to the end] Copper fell with the Master’s inventory liquidation but then bottomed about the same time crude did. While gasoline demand started recovering from its modest declines back then it is doubtful if the same has happened with … Continue reading

Posted in Valance | Tagged |

Re: Noyer says rising deficits may increase saving

[Skip to the end] (email exchange) Maybe they’re reading my blog??? >    >   On Mar 13, 2009 at 7:06 am, John wrote: >    >   NOYER SAYS RISING DEFICITS MAY INCREASE SAVING BY EUROPEANS >    >   Story to follow. >    [top]

Posted in Email | Tagged |

Re: In case you thought Romer knows how anything works

[Skip to the end] (email exchange) >    >   On Thu, Mar 12, 2009 at 3:31 PM, Tom wrote: >    >   Christina Romer gave a speech on Monday at Brookings in which she >   strongly argued for dollar devaluation as a tool to create … Continue reading

Posted in Email | Tagged |

2009-03-13 USER

[Skip to the end] Trade Balance (Released 8:30 EST) Exports MoM (Released 8:30 EST) Imports MoM (Released 8:30 EST) Exports YoY (Released 8:30 EST) Imports YoY (Released 8:30 EST) Trade Balance ALLX (Released 8:30 EST) Import Price Index MoM (Released … Continue reading

Posted in Daily | Tagged , , |