Late last year I posted 10 thoughts on the upcoming year. It’s not quite time to update those thoughts for 2014, but I do think an internal audit of the [ … ]
7 Reasons to be Cautious
In a recent piece by Doug Kass at TheStreet.com he highlights some reasons to be cautious about the equity markets. I don’t like the concept that “everyone is in [ … ]
What Keeps Bill Gross (and me) up at Night?
The latest from Bill Gross is really excellent and hits on a point that I’ve often discussed here. Here’s the key line from his monthly letter: “If monetary and fiscal [ … ]
CoreLogic: The Housing Boom is Slowing
The latest house price reading from CoreLogic showed a 12.5% surge in prices year over year, but the rate of growth is slowing and expected to slow further in the [ … ]
The Great Unwinding – the End of the Easy Money
Just a reminder here that I’ll be giving the keynote address at the University of South Carolina on December 9th, 2013 at their 33rd Annual Economic Outlook Conference. Other speakers include Governor Nikki Haley, Richmond Fed Senior Economist Ray Owens, Professor Douglas Woodward from USC and Professor Joseph Von Nessen from USC.
Some Monday Reading
Hey everyone, just passing along some good stuff from this morning that I’ve been reviewing. Thought you might find it interesting also. Or maybe not. What are you reading?
Wait – QE Might be Deflationary?
Paul Krugman, Brad Delong, David Andolfatto, Noah Smith, Nick Rowe and Steve Williamson are having quite the battle over the idea that QE might be deflationary and won’t cause raging [ … ]
Robert Shiller: The US Stock Market Could be Approaching a Bubble
Robert Shiller, who called both the Nasdaq bubble as well as the housing bubble, is getting increasingly concerned about a bubble in the USA. But he’s not officially calling the [ … ]
Morgan Stanley: 10 Macro Ideas for 2014
We’ve already seen 10 big macro themes from Goldman Sachs (see here) as well as some actionable ideas (see here), but here are 10 more from Morgan Stanley. Not a [ … ]