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The Dismal Operator | Economics Markets

Economics Markets (by Steve Evets)

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The Dismal Operator | Economics Markets | thedismaloperator.wordpress.com Reviews
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Economics Markets (by Steve Evets)
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2 economics markets
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5 the credibility fairy
6 richard cobden
7 retail sales
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The Dismal Operator | Economics Markets | thedismaloperator.wordpress.com Reviews

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Economics Markets (by Steve Evets)

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1

The Car Crash | The Dismal Operator

https://thedismaloperator.wordpress.com/2015/01/16/the-car-crash

Two colleagues, Ludwig and John, decided to embark on a trip together. Their destination was the Land of Abundance, a land in which every need and want one could desire could be attained as easily as one draws breath. The path to this Land was not so easily laid out for them, but they both had a good idea how to get there. What are you doing? John asked, puzzled. Trying to figure out if any of these parts can be used again to build a new car, he replied. It’s the only way forward. John was ecstatic with ...

2

On the Failure of Abenomics | The Dismal Operator

https://thedismaloperator.wordpress.com/2014/12/31/on-the-failure-of-abenomics

On the Failure of Abenomics. Valentine Thomson, NYT, 1933. As I said at the beginning, at this point the Western world has seemingly succumbed to a severe case of economic defeatism; we’re not even trying to solve our problems. That needs to change and maybe, just maybe, Japan can be the instrument of that change. Paul Krugman, NYT, 2013. Action, no matter how dubious in nature, is to be applauded merely because it is perceived as. But I digress. The fact is that Japan had achieved price stability&#4...

3

Market Views 23 December 2014 | The Dismal Operator

https://thedismaloperator.wordpress.com/2014/12/23/market-views-23-december-2014

Market Views 23 December 2014. As I write this, the S&P 500 futures (ES) are flirting with fresh all time highs. Santa has been kind to Wall Street this year. The following is an hourly chart of the December action in ES. Up 33% in 2013, and another 13% in 2014 with 8 days left in the year, with no signs of stopping. So what is the bearish case? The next immediate place to look after the oil domino falls is the Junk Bond space, as a lot of the financing for oil related projects came through junk bonds&#4...

4

Underpants Gnome Economics | The Dismal Operator

https://thedismaloperator.wordpress.com/2014/10/08/underpants-gnome-economics

8216;I see the problem of recovery in the following light: How soon will normal business enterprise come to the rescue? On what scale, by which expedients, and for how long is abnormal government expenditure advisable in in the meantime? John Maynard Keynes,. In 2009, then Federal Reserve Chairman Ben Bernanke outlined. Towards the exit, which is what tapering represents. Demand for consumption and investment goods is restored, thereby restoring Economic Growth. This playbook is heavily influenced by Key...

5

SNB Removes Currency Peg | The Dismal Operator

https://thedismaloperator.wordpress.com/2015/01/15/snb-removes-currency-peg

SNB Removes Currency Peg. This morning, the Swiss National Bank (SNB) removed its policy of setting a minimum exchange rate against the Euro (EURCHF) of 1.20. This decision is the reversal of the decision it made in September 2011, when, in response to a rapidly appreciating Swiss Franc, the SNB chose to set and maintain the aforementioned minimum exchange rate. It defended its actions in a further statement. Following the announcement this morning:. This presented a potential ticking time bomb. Jordan i...

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The SNB has to pick its poison. It is damned for one set of reasons if it holds the currency peg, and damned for another set if it ditches the peg. Welcome to the world of horrible dilemmas facing modern central banks. Ambrose Evans-Pritchard, 15 Jan 2015. For every credibility gap, there is a gullibility gap. The Critics of the Swiss National Bank Have It Wrong. The following is a look at the unemployment from 2007, through to the present:. Now Exports from the same time period:. Unfortunately, the reco...

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