Foreclosure fraud reveals structural and legal crisis. Barry Ritholtz.
gold biggest beneficiary of continuing competitive global currency devaluation:
Global central bank action may follow BoJ moves on rates. Bloomberg.
RBA surprised by holding rates steady, and Japan is back to ZIRP and more QE;
BoE and ECB tomorrow
Why it doesn't feel like a recovery. Washington Post.
neat graphics showing economic growth vs potential growth and implications for output gap
Credit for the Recovery. Daniel Gross, NYT.
includes this quote of the day:
RBA surprised by holding rates steady, and Japan is back to ZIRP and more QE;
BoE and ECB tomorrow
Why it doesn't feel like a recovery. Washington Post.
neat graphics showing economic growth vs potential growth and implications for output gap
Credit for the Recovery. Daniel Gross, NYT.
includes this quote of the day:
the decline in personal debt is driven less by Americans giving up on credit cards than on credit card issuers giving up on Americans
Will America come to envy Japan's lost decade? Ezra Klein, Washington Post.
Hatzius Says Fed Easing Measures Will Probably `Fall Short'. Bloomberg.
Mexico issues 100-year bond. Reuters.
Hatzius Says Fed Easing Measures Will Probably `Fall Short'. Bloomberg.
Mexico issues 100-year bond. Reuters.
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