First we exported our inflation to the emerging markets. Now are we hoping to import their rate-hikes?
What Did They Do To Deserve This?
Tuesday, August 5, 2008
Thursday, July 24, 2008
In a showdown between the dovish Fed governors and the hawkish regional presidents, the governors win.
Fannie and Freddie Fan Inflation Fire
Friday, July 11, 2008
The scariest consequence of the GSE panic is renewed risk of a worst-case inflation scenario.
Thursday, July 3, 2008
The ECB challenges the Fed to clean up its own inflationary mess.
Bonds Wish, Stocks Worry
Thursday, June 26, 2008
Markets are wrong if they believe that yesterday's FOMC statement puts the Fed on hold.
Hikes Are Coming, and Not a Moment Too Soon
Thursday, June 19, 2008
Despite the chatter, an improving economy and rising inflation point to a higher funds rate.
This is the Turn
Wednesday, June 11, 2008
In a matter of days, Fed expectations have shifted 180 degrees -- to the right direction.
The Bernanke Awakening
Thursday, June 5, 2008
The Fed chief's dollar talk is not just talk. It's a call to action.
Facing the Music
Thursday, May 29, 2008
The Fed will soon have no choice but to deal with rising inflation, and bonds aren't ready.
Wednesday, May 7, 2008
Things will have to get a lot worse for this to be a recession. And they're likely to get better.