Hints and tips:
...SF: You wrote earlier this year that the long period of lax monetary policy had created increased systemic risks. The context for that was the turmoil around Silicon Valley Bank, et al....
...If we are right that consumer spending, despite some recent softening on the margin, is still at or above trend, that is another thing for Powell et al to fret over....
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...The FANG+ index — which includes Tesla and Baidu as well as Facebook et al — may be only down a little at pixel time, but it has plunged by just over a quarter since the turn of the year....
...All assets may perform badly under stagflation, but we’d rather own Pepsi, Johnson & Johnson, Kimberly-Clark, Bristol-Myers et al than sit and watch our cash lose its earnings power....
...The Federal Reserve, it appears, is going to tighten with total predictability and imperceptible gentleness; inflation will be transient; Evergrande et al will not sink the Chinese economy; lions will lie...
...That would be “Die Deutsche Bank Filiale Nurnberg v Humphrey”, which says “the exchange rate from the date of domestic judgment should be used”....
...The deflationary narrative of disruptive technology expounded by Brynjolfsson, McAfee et al runs deep....
...According to a recent NBER paper by Francesco Bianchi et al, the average short term effect of each tweet has been to reduce forward interest rates by 0.28 basis points, implying that the effect of all the...
...I will discuss the economic effects of protectionism another time. —————————————————————————————————— Footnotes [1] Ricardo Caballero et al have published similar work, and John Cochrane has responded...
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...We suppose, before getting to what might stop this, one should probably discuss what’s hitting the Wunderbund et al. Still early in the day, after all....
...The question is whether that benefit would look so attractive were JPMorgan et al forced to internalise most of the costs of a breakup while remaining in their current form....
...bond flows identified by Feroli et al (2014)....
...- Why the Acme Brick Company et al are Berkshire’s secret weapons....
...- Five hits from Scott Sumner, on the eurozone, FOMC, et al....
...Fox Television Stations et al) was appealed to the US Supreme Court, where it was debated on Tuesday....
...But they are going to be as unable to reach the brake pedal next year, as Ireland et al were unable to reach the accelerator this year....
...at the time, as anyone who can recall the dramas of 1991 (the Salomon Brothers affair), 1992 (Soros et al and the ERM), 1994 (the bond market collapse), 1997 (Asian crisis) and 1998 (Russian default, LTCM...
...The first indication of trouble came just after 7am the next day....
...* Large changes in fiscal policy, working paper 15438, www.nber.org ** Almunia et al, The effectiveness of fiscal and monetary stimulus in depressions, www.voxeu.org martin.wolf@ft.com...
...So, Bernanke et al are now going to be increasingly targeting longer-term interest rates as a means to revive growth, mitigate double-dip risks and avoid a potentially destabilizing deflationary experience...
...The Fed chief cites a recent paper by his own staffers ( Jane Dokko et al, Monetary Policy and the Housing Bubble) that reports “only a small portion of the increase in house prices earlier this decade can...
...And why, now, doesn’t someone come along and eat Durant for lunch, in the way that Blockbuster has been laid low by Netflix et al? There are two answers (at least)....
...The Court has stayed all but the first-filed ERISA class action case (entitled Alvidres v. Countrywide Financial Corp., et al.)....
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