While the bond market denies US inflation, for Thailand it's an all too familiar contagion.
Thursday, December 21, 2006
On November CPI
Friday, December 15, 2006
Wishful Thinking Has Its Limits
Wednesday, December 13, 2006
Good economic news and a steady Fed will inexorably grind down the bond bulls.
Wednesday, November 29, 2006
The bond market is ignoring Bernanke's hawkish protestations, because for now it's nothing but talk.
Inflation Mission Accomplished? Not So Fast
Monday, November 20, 2006
Seeming downticks in reported inflation are just counter-trend blips in a continuing uptrend.
We Won't Get Fooled Again?
Monday, November 6, 2006
The Fed admits its mistake about deflation in 2003 -- now it's the same mistake, but about inflation.
Better Than It Looks
Monday, October 30, 2006
Third quarter reported growth was dragged down by isolated factors likely not to repeat -- the expansion is still very much intact.
Fed Marking Time
Thursday, October 26, 2006
The FOMC fiddles while inflation burns -- and bonds applaud.
Friday, October 20, 2006
An unexpectedly strong economy is set to disappoint the bond market on the upside.
Wednesday, October 11, 2006
Bonds are rethinking the economy and the Fed. Next for rethinking: inflation.