News
Breitbart | Portugal tip of iceberg as Euro leaders tackle debt woes
With crisis-hit Portugal on the verge of government collapse and a cry for financial help, European leaders face an uphill task at a summit meant to seal defences against a year-long debt crisis.
CNBC | US Approaching Insovency, Fix To Be 'Painful': Fisher
"If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when."
CNN: Money | Fed posts income of $82 billion in 2010
In 2010, the Fed sent almost all of its profit -- $79 billion -- to Treasury, a $32 billion increase from the amount transferred in 2009.
Econ Comments
CNN: Money | How the Fed's dividend daze could backfire
It's all gravy for the bankers now. But the rest of us could still get stuck cleaning up if the pot boils over.
Blogs
WSJ: Real Time Economics | Higher Inflation Expectations Are Spreading
The complication for the outlook is that investors think higher headline inflation will hang around in the medium term, defined as two to five years from now. When asked about medium-term inflation, the mean answer called for a 2.9% U.S. inflation rate.
Reports
Wells Fargo Securities | The Outlook for Central Bank Policy Rates
The developed economies of the world are faring very differently in the wake of the global recession. The economies of Australia and Canada are firmly in expansion territory, while economies in the Eurozone and the United Kingdom are still striving to get output back to pre-recession levels. The U.S. economy is somewhere in between, having just recently surpassed its pre-recession peak in real GDP. The already fragile recovery in Japan was dealt a serious blow by the recent earthquake and the still-unfolding developments related to that tragedy.
