Like a song Out of tune and out of time All I needed was a rhyme for you C’est la vie Do you give Do you live from day to day Is there no song I can play for you C’est la vie Greg Lake – Emerson, Lake & Palmer – Live in Montreal, 1977 Related…
These are some of the interesting reads that I found on Thursday and Friday morning. Hope you too will find them interesting. Some are market related, some are on geopolitics and some are just for fun. Investors Are Optimistic About 2015 – Morgan Stanley Wealth Management’s semiannual Investor Pulse Poll surveys a national sample of investors…
Milton Friedman’s 1964 theory on booms and busts explains what’s happening in Europe – While this view may be true, a theory suggested by Milton Friedman in 1964 (and revisited in 1993) proposes a complementary hypothesis: these strong recoveries are just natural after particularly deep recessions. Explaining Recovery Performance in Europe – Maybe the point is that…
Poland is worried about Britain leaving the euro zone – “Forgetting the natural conflict between EU net payers and receivers, there are things on which Britain and Poland have common cause, like making sure that the role of the non-members of the euro zone within the EU is protected.” Argentina in no rush to re-start debt…
Tuesday, February 24, 2015, Chairwoman Janet Yellen gave her semiannual monetary policy report to the U.S. Congress. It was much anticipated as the market had awaiting for some time to get clues for Fed’s plans for rate-hike and/or any changes to monetary policy. Here is the prepared speech in its entirety with my comments and observations.…
Noted for you Tuesday morning procrastination or ruminations – take you pick. Here is what I read on Monday and Tuesday morning. Here’s how a Greek exit from the euro zone would play out – Therefore, if Grexit happens, it is likely to be a staged withdrawal, undertaken reluctantly. The first stage would begin with bank…
Monday morning, the National Association of Realtors came out with existing home sales figures and it wasn’t very pretty. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 4.9 percent to a seasonally adjusted annual rate of 4.82 million in January (lowest since last April at 4.75 million)…...
Here’s Yellen’s Challenge: Staying Cautious With Good News – The biggest unknown for Yellen and her policy committee is how financial conditions respond to the first rate increase. How will that affect business investment, the housing market and the cost of credit for everyday consumers? Overcoming an over-sized reaction in credit markets depends a lot on communicating…
Noted for your weekend procrastinations. Cyprus: an island in search of a saga to learn from – In March 2013 Cyprus stared into the abyss of financial collapse. In order to qualify for a €10bn Troika loan, the absolute maximum the Troika – i.e. the European Union, EU, the European Central Bank, ECB and the International…
Got to pay your dues if you wanna sing the blues, And you know it don’t come easy. You don’t have to shout or leap about, You can even play them easy. Forget about the past and all your sorrows, The future won’t last, It will soon be over tomorrow. – Ringo Starr Related Reading:…
Finally, it is the Friday – weekend is nearer. Here is what I found around the nest interesting. Maybe these will appeal to you too. Some are related to economics, some to markets, some to geopolitics and some are just for fun. Can Ukraine Gnaw Its Way out of Trouble? – For one thing, fighting never stopped. The…
Here is the happenings around the net that I found interesting. Perhaps you will find them interesting too. No Economy is an Island – Dan Alpert – A more rigorous look under the hood of the U.S. economy. Tech investors have gone to war against banks – Index Ventures co-founder Neil Rimer said that Funding Circle exemplifies…
Noted for your Wednesday morning reading. Here is what I found interesting around the net. Hope you too will find these interesting. Indian economist Mody plays on bond writedown stances – The Government’s stance on Greece looks to have been based in large part on the view that Greece is not going to get a significant…
Noted for your Tuesday morning procrastinations. Here is what I found around the net on Monday and Tuesday morning. Hope you too will find these interesting. Greek Talks With Euro-Area Finance Ministers Break Up – “As talks collapse at the Eurogroup today, Greece finds itself now closer to a new bankruptcy within the Euro and potentially”…
Here is what is happening around the net. These are what I have read over the weekend. Perhaps you will find them interesting too. Germany’s economic policy is hurting Europe, the world, and itself – The German Marshall Fund has said that 40% of bridges in Germany are in “critical condition”. The Cologne Institute for Economic…
