Tag: macro
Fed focus is on inflation
Wall Street Journal’s Heard on the Street deconstructs the latest Fed minutes… Inflation continues to be too low, making the Fed nervous… Watch What They Say – Fed Gets Worried…
For Fed, it’s not if, but when
More details on the coming Fed taper… There is a debate within the Fed as to whether to start in September or December… But there is no debate about starting this year… Binyamin Appelbaum of the New York Times reports in Fed Officials Are Divided Over When to Reduce Its Debt Holdings…
Fed tips hand on taper timing
The Fed is signaling that its long-awaited taper will begin in the fall… Nick Timiraos of the Wall Street Journal has the story: Fed Eyes September Announcement on Balance-Sheet Reduction .
China term structure signals pressure
Historically, an inverted yield curve in the United States has been the most reliable signal of a coming recession… Well, there is now an inverted yield curve in another important country: China… PIMCO portfolio manager Isaac Meng has a blog post on the topic: Is China’s Yield Curve Signaling A Further Economic Slowdown?
China’s leverage worrisome for US
Noah Smith, a professor at Stony Brook University, has a new article in Bloomberg View: Look East to Find the Source of Next U.S. Recession… China’s debt is now 300% of GDP, a clear danger zone…
Recent Comments