Since I didn’t get in too much trouble making reference to a religious text a few weeks ago, I’ll take an even riskier tack and try to make sense of…
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Posted in U.S. Policy & Politics
Tagged Fed, Federal Reserve, monetary policy
While I was pondering over what to say in this week’s posting, a headline on my market screen repeated the comment that Governor Romney’s plan to eliminate the Department of…
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Posted in Global Economy
Tagged deficit, Europe, housing, Italy
As a bond investor, I am cursed to worry. It’s the nature of the beast. Last Friday’s disappointing job report, combined with a fresh rise in Spanish borrowing costs, was…
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Posted in Global Economy
Tagged bond, economic recovery, Europe, European Central Bank, Fed, Spain
Most of us were brought up to understand that discussing either politics or religion in public was, at best, bad manners, and discussing either in a business setting was strictly…
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Posted in U.S. Policy & Politics
Tagged Bernanke, employment, Fed, financial crisis
Although I risk reinforcing my intra-familial reputation for being a curmudgeon, I’ll begin by admitting that the Northeast’s recent burst of beautiful spring weather and the profusion of buds and…
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Posted in U.S. Policy & Politics
Tagged employment, labor market, U.S. economy, unemployment