-
Checkout my iOS App -
Recent Posts
Recent Comments
- charvey on Bundesbank Special Ops Group (Deutsche Mark Reappears?)
- Lars Erik Morin on Bundesbank Special Ops Group (Deutsche Mark Reappears?)
- Austin Kairnes on Three intro videos on Bitcoin
- Johnd269 on The Last Man Standing
- Johna689 on QE Won’t Work This Time
Archives
- April 2020
- January 2015
- August 2014
- July 2014
- June 2014
- April 2014
- May 2013
- November 2012
- October 2012
- September 2012
- July 2012
- May 2012
- April 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- November 2010
- October 2010
- September 2010
- July 2010
- May 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
Categories
Meta
Tag Archives: Financial Crisis
Hold On!
Campbell Harvey analyzes the recent economic data and what it means for the U.S. longer term economic growth prospects. Continue reading
Posted in Finance
Tagged Bailout, banking regulation, Campbell Harvey, Financial Crisis, stimulus
2 Comments
The Cult of Bailout
What single word best characterizes policy responses in this on-going financial crisis? “BAILOUT”. It goes something like this. You take a lot of risk and reap lots of rewards (be it in pay, bonus, or social programs). You get … Continue reading
Cleansing and Reforming our Financial System
Why don’t we just admit that the current financial and regulatory system is dysfunctional? We face two fundamental problems. First, we need to clean the financial system — close weak banks more aggressively, encourage bankruptcies/foreclosures, and free good assets held … Continue reading
Is it sustainable?
There are two key questions: (1) is the improvement in the job picture sustainable and (2) if it is, how long will it take get back where we started in December 2007? While there is considerable disagreement in terms of … Continue reading
The 10-Handle
Amazing the difference one day makes in the employment outlook. Yesterday, the market shot up because “only” 512,000 applied for initial claims — down from 532,000 the previous week. We saw banners: “Employment Situation Improvement,” “We Have Turned the Corner”, … Continue reading
Mission Accomplished?
Don’t be misled by the 3.5% GDP growth in the third quarter. Continue reading
One Year After Lehman
There is a lot of finger pointing going on one year after Lehman declared bankruptcy. Most of those fingers are pointing to Lehman and the way the bankruptcy was handled. However, that is a very simplistic view of what happened … Continue reading
Posted in Finance
Tagged Bank failures, Campbell Harvey, FDIC, Financial Crisis, TARP
Leave a comment
The Prime Dilemma
Just because the unemployment rate dropped from 9.5% to 9.4% does not mean we are out of danger. This is how I think the economy will unfold. The scenario is consistent with what I have been posting for the last … Continue reading
Systemic Risk Factor #1: Jobs
On June 19, 2009, a premiere economic consulting firm (not to be named) forecasted a job loss of 275,000 in June. To me, this seemed odd. The May drop of “only” 345,000 jobs (unrevised) seemed like noisy data. There was … Continue reading
The Fundamentals are Fundamentally Troubling
The Duke-CFO Survey was released today and the news is grim. One of the big challenges is to reconcile the growth in confidence against the hard data. Consumers as well as CFOs are more confident. However, our survey shows that … Continue reading