2012 April

Hubbard Versus Summers, and Goolsbee, and ….. Geithner?

Thinking Things Over    April 29, 2012 Volume II, Number 17:   Hubbard Versus Summers, and Goolsbee, and ….. Geithner? By John L. Chapman, Ph.D.      Canton, Ohio. The economic news was mixed at best this past week, and in contrast to the majority in the economics prognosticators’ profession, we fear a near-term pullback — we do not mind .. read more

Inherit The Wind

Guest post from friend of Alhambra, Brian Cronin: In 1960, Stanley Kramer made a movie based on the 1925 Scopes trial which dealt with the age-old question of whether man came about by evolution or creation and whether evolution could be taught in Tennessee schools. It starred Spencer Tracy as Henry Drummond and Fredric March .. read more

On April 29th, 2012, posted in: Currencies by Tags: , ,

Trends – Negative Real Interest Rates

I’m sure many of you have recently read about the risk of bonds or that bonds are the next bubble.  Should we consider bonds a safe place to invest, to earn income or to diversify the risk present in today’s world? The current environment is definitely challenging.  The Fed, in its attempt to charge the .. read more

Weekly Economic & Market Review

Targeted, timely and temporary. That was the clarion call of the Keynesians during the debate over the stimulus plan enacted at the beginning of President Obama’s current term. Stimulus was reckoned to be most effective when these three principals were embraced. We all know now that timely wasn’t much of a consideration in the structure .. read more

A Closer Look: Currencies

Currency Exchange Rates The US Dollar is trending lower, as the Fed’s policy to keep interest rates low for the foreseeable future is continuing to wreck havoc on the dollar. The dollar may be worse if it were not for the monetary easing going on throughout the world. We seem to be the “tallest midget” .. read more

On April 29th, 2012, posted in: Currencies, Weekly Update by

Europe Is In Recession, the U.S. Isn’t Far Behind

The global banking system in 2012 has seen a marked transition from the monetary concept that gained universal traction nearly 100 years ago. The United States in 1912 was the only economic power without a central bank, but by 1913 one had been created, though its creators, both bankers and government officials, were very cautious .. read more

On April 27th, 2012, posted in: Markets by

Monetary Policy, the Real Economy, and Asset Prices: Where are We?

Thinking Things Over    April 22, 2012 Volume II, Number 16:  Monetary Policy, the Real Economy, and Asset Prices: Where are We?  By John L. Chapman, Ph.D.      Canton, Ohio. In the wake of recent market volatility, and ahead of the Federal Reserve’s Open Market Committee meeting here on April 24-25, calls for another round of Fed easing, ”QE3,” have again .. read more

The Proud Pound

Guest post from friend of Alhambra, Brian Cronin: REFLECTIONS ON THE EURO AND THE “PROUD” POUND If you asked most Brits what they thought about the euro, their answers would likely be short and pithy, and none too flattering. This rather insular attitude has the faint whiff of disdain. It is new, it is foreign .. read more

On April 22nd, 2012, posted in: Currencies by Tags: , ,