Macro Observations

Investment Office

Selecting relevant market observations

Investment Thoughts

Macro Observations

Analysis, Ideas and Reflections on Macroeconomic Topics

articles 181-190 / 190		«	page 19 of 19

Corporate Cash Balances and Economic Activity

Excellent overview on the subject, including a chart with "cash to assets " and "cash to investments" at their highest level since the early 60's.
The Federal Reserve Board, July 2006 , Governor Kevin M. Warsh

The Changing Dynamics of Inflation

Remarks by Governor Randall Kroszner. Highlights: "Views about inflation process vary, but expectaions are at the heart of almost all of them. And in any model in which expectations are important, monetary policy will also be important."
The Federal Reserve Board, March 12 2007 , Rndall S. Kroszner

Money Makes the World Go around: One Investor Tracks Her Cash through the Global Economy, from Brooklyn to Bangkog and Back

Viking Adult, , February 2001 , Barbara Garson

Money and Monetary Policy for the Twenty-First Century

This essay challenges the conventional wisdom about money and monetary policy. The role of money in fostering prosperity is a function of the quality, as well as the quantity, of money.
Federal Reserve Bank of St. Louis Review, November/December 2006, 88(6), pp. 485-510. , Jerry L. Jordan

A Labour Shortage Can Be a Blessing, Not a Curse

Do rich nations need more poor workers? The answer is yes, according to the conventional wisdom, which finds expression in a new United Nations report on migration and development
New America Foundation-The Financial Times, June 9, 2006 , Michael Lind

What's a Penny Really Worth?

On December 14, 2006, the United States Mint announced new regulations to limit the melting and exportation of pennies and nickels. The goal is to prevent a shortage of small change in circulation.
Chicago Fed Letter , François R. Velde

Chart on the Fly: Housing, Stocks and Cocktails

According to the author, cocktail parties now focus singularly on one asset class: real estate ! Stocks are still unloved...
Morgan Stanley, December 2006

Beijing Duck

Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke and other polished cabinetry are visiting China later this week. They'll see fields of skyscrapers, traffic jams of new cars and designer couture replacing the old Maoist uniform with five buttons and too-long sleeves. In other words, we've got the Chinese right where we want 'em.
WSJ, December 12 2006 , Andy Kessler

The American Century Shows No Sign of Ending

The rise and fall of great powers makes exciting history -- all the more exciting if, as in the case of the Soviet Union, we can watch the spectacle unfold before our eyes. It is hardly surprising, therefore, that much of the discussion of the role of the US in the world is warped by the natural human desire for drama.
The Financial Times, February 17, 2006 , Michael Lind, New America Foundation

We Think, They Sweat

"A $1.5 billion trade deficit increases wealth in the U.S. by some $16 billion – I’ll take that trade any day."
WSJ; December 23, 2004 , Andy Kessler