Is The U.S. Economic Environment Ripe For Rate-Hike(s)?

Bloomberg’s Steve Matthews and A. Catarina Saraiva have a very interesting assessment of the economic data coming from the good old U.S.A. Their assessment is based upon various indices that track how well, or badly, the actual economic data is faring in comparison to market prognosticators’ (their word not mine) expectations. One of their sources is Bloomberg…

For Your Wednesday Breakfast Munching, March 18, 2015

Noted for you Wednesday morning procrastinations. Here are some of the interesting things that I found around the net. Hopefully, you will find these useful and interesting too. How a Rising Dollar Is Creating Trouble for Emerging Economies – The soaring value of the American dollar is rippling across the globe. As it rises, it is…

Lack of Clear Financial Goals – Fear Not

A plethora of success materials implores us to set specific goals if we are serious about realizing them. Certainly, if we have clearly defined goals then it becomes easier to develop a plan to achieve them as compared to developing a plan to achieve un-specified goals. Similarly, it is easier to accomplish something with a…

Tantrums of the Impatients Or What Is the Meaning of Patient?

The market is waiting for the FOMC statement to come out on Wednesday, March 18, 2015, with bated breadth. Last week the market participants were quite busy reading the FOMC tea-leaves to ascertain when would FOMC remove the word “patient” from its policy statement. Would it do this in the coming meeting or in April or later? Apparently, the removal of this…

Around The Net – Monday Edition, March 16, 2015

Israel’s Gilded Age – According to Luxembourg Income Study data, the share of Israel’s population living on less than half the country’s median income — a widely accepted definition of relative poverty — more than doubled, to 20.5 percent from 10.2 percent, between 1992 and 2010. The share of children in poverty almost quadrupled, to…

For Your Pi Weekend Ruminations – March 14, 2015

Here is what I read on Friday and early Saturday around the net. As usual some are related to the market, some to geo-politics and some are for fun. Hope you will find these useful and interesting. Why Germany Shouldn’t Take Its Economic Success for Granted – Indeed, Germany’s policymakers seem to be stumbling from decision to…

99 Luftballons – Friday Night Music

I liked this song when it first came out in 1983. I did not understand it then and still don’t though know a bit more about it. It is an anti-war song and is quite relevant in 2015 too. The plot talks about 99 balloons, which were mistaken for UFOs. A general sends pilots to investigate…

Ideas For Your TGIF Procrastination – March 13, 2015

Global finance faces $9 trillion stress test as dollar soars – Contrary to popular belief, the world is today more dollarized than ever before. Foreigners have borrowed $9 trillion in US currency outside American jurisdiction, and therefore without the protection of a lender-of-last-resort able to issue unlimited dollars in extremis. This is up from $2…