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| | www.moneyandbanking.com
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| | "Headline" inflation is making painful headlines again. In October, consumer prices rose by 6.2 percent from a year ago-the most rapid gain in at least three decades. Measures of trend inflation also are showing unsettling increases, with the trimmed mean CPI up by 4%. And there are reasons to believe that inflation will stay well above policymakers' 2% target for an extended period. In this post, we briefly summarize how we got here and argue that the Federal Reserve needs to change course now. In our v...
| | www.soberlook.com
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| | In a fashion similar to what became known as the "Asian Contagion" in the late 90s, the current stress in emerging economies has been spre...
| | uneasymoney.com
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| | Jason Furman has had an admirable career as an economist and policy adviser. He was on the staff of the Council of Economic Advisors in the Clinton administrations, was Assistant Director of the National Economic Policy under Larry Summers in Obama's first term served as Chairman of the CEA in his second. I am friendly...
| | www.soberlook.com
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| The combination of Intrade spike in Obama's victory odds and the president's comfortable lead in battleground states makes his victory in ...