News
WSJ | Economists in Survey Discount Inflation
Most economists in the latest Wall Street Journal forecasting survey agree with the Federal Reserve that severe inflation pressures are "transitory" and price increases will be more moderate through next year.
Bloomberg | Treasury Bill Rates at Almost Record Low as U.S. Debt Ceiling Is Reached
Treasury bill rates were at almost record lows as the U.S. reached its federal borrowing threshold and a congressional vote loomed in the next few months on raising the nation’s $14.3 trillion limit.
Econ Comments
WSJ | Using a Dictionary to Define Inflation Can Spell Trouble
Is inflation best defined as "rising prices" or "printing money?" The answer depends on which dictionary you use.
Bloomberg | Canadian Dollar Drops to Lowest Since March as Commodities, Equities Fall
Canada’s dollar fell to its weakest level since March versus its U.S. counterpart as heightened risk aversion pushed commodities and global stocks lower.
Minyanville | The End of QE2: Does It Matter?
Investors have been warned that the Fed's exit from the market should cause yields to rise substantially. Here, the factors one must consider when analyzing the impacts of the end of QE2.
Minyanville | With US at Peak Inflation, Will Gold Lose Momentum?
It's difficult to imagine gold continuing its strong momentum, especially in light of the imminent peaking of the US CPI inflation rate.
Blogs
Daily Capitalist | The Economy Is Sliding Into A Stagflationary Spiral
According to most economists the Q1 GDP stumble was a blip, something we shouldn’t worry about because the economy is still on track for recovery. They are reacting to the preliminary report that GDP fell to 1.8% in Q1, down from 3.1% in Q4 2010. They are also rather unbothered by increasing prices at the wholesale and consumer level.
