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Notes From Underground: Unemployment In the U.S. Was Much Ado About Nothing
The better-than-expected NFP number–163,000 net job gains–was above the consensus of 105,000. Average hourly earnings and hours worked were weaker than projections while the over all rate went up to...
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Notes From Underground: The RBA Will Announce Its Rate Intentions. Should We...
Tonight at 11:30 CST, the Reserve Bank of Australia (RBA) will announce its interest rate intentions. Readers of NOTES know that I place a high value on the RBA as a barometer of the global macro...
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Notes From Underground: Irony of Ironies … In the Land of Fiscal Austerity...
The news is so slow that some ridiculous headlines just creep in, but I wonder what the Greeks think. If the fiscal sheriffs from the TROIKA only took the tip it wouldn’t have been so bad but the...
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Notes From Underground: I’m Singing and Dancing In the Rain—the SONG OF MARIO...
It seems that the ECB president has for the moment prevailed in a similar way as his MIT cohort Ben Bernanke has been “successful” with his famed Portfolio Balance Channel. Remember, it was Jackson...
View ArticleNotes From Underground: Unemployment In the U.S. Was Much Ado About Nothing
The better-than-expected NFP number–163,000 net job gains–was above the consensus of 105,000. Average hourly earnings and hours worked were weaker than projections while the over all rate went up to...
View ArticleNotes From Underground: The RBA Will Announce Its Rate Intentions. Should We...
Tonight at 11:30 CST, the Reserve Bank of Australia (RBA) will announce its interest rate intentions. Readers of NOTES know that I place a high value on the RBA as a barometer of the global macro...
View ArticleNotes From Underground: Irony of Ironies … In the Land of Fiscal Austerity...
The news is so slow that some ridiculous headlines just creep in, but I wonder what the Greeks think. If the fiscal sheriffs from the TROIKA only took the tip it wouldn’t have been so bad but the...
View ArticleNotes From Underground: I’m Singing and Dancing In the Rain—the SONG OF MARIO...
It seems that the ECB president has for the moment prevailed in a similar way as his MIT cohort Ben Bernanke has been “successful” with his famed Portfolio Balance Channel. Remember, it was Jackson...
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