Marshall Auerback is a Denver, Colorado-based global portfolio strategist for RAB Capital. ~~~ If the US government had a dollar every time someone proclaimed to learn the lessons of the Great Depression, we probably…Read
This post first appeared on March 24, 2008 The comments in the Financial Times by Yoshimi Watanabe, Japan’s financial services minister, are extraordinary. He ventured to give the US advice on its credit crunch based on…Read
This post first appeared on March 11, 2008 Oooh, the week has barely started and we’ve already had an overdose of adrenaline-generating news. Thornburg Mortgage and Carlyle Capital, both twisting in the wind, battered by…Read
HighlightsThe US dollar is mixed in quiet trading ahead of the US jobs report. With some risk-taking is returning to the markets on the back of data this week suggesting that the pace of the slowdown may be moderating and this…Read
Comparing the High-Income Tax Cuts and the Social Security Shortfall - CBPP Texas A&M System Will Rate Professors Based on Their Bottom-Line Value - The Chronicle of…Read
By Win Thin, Senior Currency Strategist, BBHDevelopments in Romania today support our recent bearish call on the leu. EUR/RON has risen after we went long Aug 30 around 4.24. We still target the record high 4.40 from June and…Read
The two key events of the day are passing with little fanfare. The weekly initial jobless claims in the US slipped and sufficiently so as to bring down the 4-week moving average for the first time in a little over a month, but…Read
BBH CurrencyViewHighlightsThe US dollar is mostly softer, though within yesterday’s ranges as market participants await the ECB’s press conference and US economic data. Sterling is under-performing perhaps being impacted by the…Read
What Kind of Model Is Brian Riedl Using? - Econbrowser 16.6 million small business employees could benefit from ACA this year -…Read
by Edward HughWell, as we all well know one swallow doesn’t make a summer, and one data point doesn’t swing an argument one way or another, but the latest retail sales PMI reading for Germany is far from being either…Read
by Edward HughNot only is the French economy the grateful recipient and beneficiary of sustained German export growth, so too is Poland (I’m sure they’ll be glad to hear that in Warsaw!). According to the FTs Jan Cienski:German…Read
by Edward HughWell, having just posted a lengthy study of the German economy on this blog, I started to lazily browse my way around today’s economic news headlines, and Lo & Behold, what did I find over at the FT, a contrarian…Read
by Edward HughThe modern world moves at a breathtaking pace, even when most of us find ourselves on holiday. No sooner do we receive, read and start to digest one set of economic data than we find ourselves pushed to think about…Read
by Edward HughSpain’s EU harmonised seasonally-adjusted unemployment rate (which is the interesting number) went up again in July, according to the latest data from Eurostat. It rose to 20.3% from 20.2% in June.So despite a…Read


