Bernanke: Central Banker Policies Are Not “Beggar-Thy-Neighbor”
"The uncoordinated abandonment of the gold standard in the early 1930s gave rise to the idea of "beggar-thy-neighbor" policies. According to this analysis, as put...
Author : Calculated Risk
Sunday Night Futures
Cyprus and the "troika" have reached a deal tonight. Reports are the euro zone finance ministers have also approved the plan. Preliminary reports are that...
Schedule for Week of March 24th
Schedule for Week of March 24th by Bill McBride on 3/23/2013 01:09:00 PM Earlier: • Summary for Week Ending March 22nd The key...orts this week...
Hotels: Occupancy Rate Near Pre-Recession Levels
In year-over-year comparisons, occupancy was up 1.4 percent to 66.6 percent, average daily rate rose 4.5 percent to US$112.05 and revenue per available room increased...
Cyprus Parliament Expected to Vote on New Plan Friday
From the NY Times: Mood Darkens in Cyprus as Deadline Is Set for Bailout - President Nicos Anastasiades presented Parliament on Thursday with a plan...
Tuesday: Housing Starts
"This won’t be popular. But it’s an important alternative to the “it’s expropriation” view on Cyprus. While the decision to force a bank levy on...
Cyprus Update
Update: There is a plan to revise the...osit tax, from Matina Stevis "Exclusive: plans to revise #cyprus...osit tax on wires: under 5% for €0-100k, under...
Schedule for Week of March 17th
Schedule for Week of March 17th: There are three key housing reports that will be released this week: February housing starts on Tuesday, February Existing...
Preliminary March Consumer Sentiment Declines to 71.8
The preliminary Reuters / University of Michigan consumer sentiment index for March declined to 71.8 from the February reading of 77.6......
CPI increases 0.7% in February, Core CPI 0.2%, NY Fed Manufacturing indicates expansion
CPI increases 0.7% in...ruary, Core CPI 0.2%, NY Fed Manufacturing indicates expansion by Bill McBride on 3/15/2013 08:30:00 AM • From the Bureau of Labor...