Economy
The Downside of Easy Money
A recent paper by William White, Chairman of the Economic Development and Review Committee at the OECD, looks at the balance between the desirable short-term ……Read More
Business
Economy
Wealth Shock, Dropping Consumer Debt and the Recovery
Key to any economic recovery is an increase in household spending and, as we all know, much of household spending is supported by increases in ……Read More
Economy
Why Are Metropolitan Unemployment Rates So Divergent?
If you take a look at the United States unemployment data by metropolitan area, you'll notice that unemployment rates vary widely. While the average unemployment ……Read More
Economy
Reaching A Debt Milestone
Yet another milestone has been reached and, ironically, right in the midst of the Democratic 2012 Convention. According to the Treasury Department's "Debt to ……Read More
Economy
Negative Interest Rates Never Say Never
An interesting article out of the New York Federal Reserve entitled "If Interest Rates Go Negative….Or, Be Careful What You Wish For" takes a look ……Read More
Markets
The Real Cause of High Oil Prices – An Interview with James Hamilton
Nowadays the energy picture is confusing at best as the more information we are shown the more blurred our vision seems to become. Mixed messages, poor ……Read More