Daily Archives: January 7, 2011 @ 3:29 pm (Friday)

Debt ceiling dynamics

My best guess is there will be little or no fight over the debt ceiling extension. I think the President will agree to pretty much whatever the Republicans want, and get more than enough Democrats to join him. Best I … Continue reading

Posted in Government Spending | Tagged , , , , |

TRICHET SAYS ECB BOND PURCHASES ARE `ONGOING PROGRAM’

TRICHET SAYS ECB BOND PURCHASES ARE `ONGOING PROGRAM’ >    >   (email exchange) >    >    On Fri, Jan 7, 2011 at 7:09 AM, Dave wrote: >    >   In response to German govt comments earlier >    >   Also ECB is in buying small amounts of … Continue reading

Posted in ECB | Tagged , , , |

Bernanke Excerpts

Karim writes: Doesn’t seem like someone looking to tighten for a while….but things change and some probability of a hike for later this year or early next needs to be priced in… Although it is likely that economic growth will … Continue reading

Posted in Employment, Fed, Housing, Inflation, Japan | Tagged , |

China’s Central Bank Says Inflation a Priority, Gold Output May Be More Than 340 Tons

China Headlines: China’s Central Bank Says Inflation a Priority Never yet seen anyone ‘cure’ inflation without increasing their output gap (recession) China 2010 Gold Output May Be More Than 340 Tons And at current prices, I’d guess it isn’t safe … Continue reading

Posted in CBs, China, Inflation | Tagged |