News
USA Today | Bernanke: U.S. money funds could still be hurt by Europe
Federal Reserve Chairman Ben Bernanke says the threats from Europe's debt crisis have eased, but U.S. money market funds remain exposed to risky European assets.
Econ Comments & Analysis
City Journal | Solyndra Times Seven
The bullet train isn’t just some quirky Left Coast fiasco; it’s also a grotesque waste of federal money.
CNN Money | Why the Volcker Rule is still a bad idea
Their latest public relations problem has given added impetus to supporters of the Volcker Rule, the part of the Dodd-Frank financial reform law intended to force banks out of "proprietary trading."
WSJ | The Bottom 0.1%
In one fell swoop Wednesday, Congress's tax scorekeeper punctured both phony claims. The analysis from the Joint Committee on Taxation also showed less wealthy taxpayers why the Buffett ruse would eventually end up exposing them to higher taxes
Blogs
WSJ | How Much Stress Is in Financial System Right Now?
On Wednesday, the bank announced the launch of its monthly Cleveland Financial Stress index, which it said “can monitor the condition of broad financial sectors and provide insight into the factors that are adversely affecting these markets.”
Calculated Risk | CoreLogic: Existing Home Shadow Inventory remains at 1.6 million units
CoreLogic® Reports Shadow Inventory as of January 2012 Remains Flat
