More signs that the global economy is slowing as HSBC reports that their emerging markets index slowed to 51.3 from 52.5 (via HSBC): Key points HSBC Emerging Markets Index: 51.3 (prior [ … ]
Hedge Funds Are Getting Their Teeth Kicked In This Year
Most active managers prove their worth when the market declines. But what about the other, oh, 75% of the time when the market is rising? The reality is that being [ … ]
CoreLogic: Housing is Booming Again
The latest CoreLogic housing report showed big gains in year over year housing prices. National home prices are up 10.5% year over year and 1.9% versus February. Prices are still [ … ]
Why I Write – It’s (Mostly) About Learning
I did a short interview with Pieria about why I write, where the financial blogosphere is head and why I formed Monetary Realism. You can find the full interview here.
What’s Unique About Monetary Realism?
Monetary Realism has been influenced by many schools of thought, but also contributes a unique perspective, approach and contributions to the world of finance and economics. In its simplest form, [ … ]
On Monetary Policy Outside of a Balance Sheet Recession
I can’t say that I am a huge fan of the way Japan is implementing monetary policy these days as there’s a certain level of ponzi that appears embedded in [ … ]
The Federal Reserve: Banks “Experienced Stronger Demand” for Loans in April
Well, I wouldn’t say I got the end of the balance sheet recession exactly right because I don’t think it’s completely over, but I think the gradual improvement is a [ … ]
Morgan Stanley vs Mosler – Is it Different this Time?
I found these two comments pretty interesting. The first is from Morgan Stanley’s Gerard Minack who says that the sustainability of the bull market makes sense since the last few recession [ … ]
Corporate Profits as a Percentage of GDP Hits All-Time High
Interesting bit of big picture perspective here from Mark Thoma’s blog. The chart shows after tax corporate profits as a percentage of GDP. Depending on your perspective you might be [ … ]