The price of oil is down. How should we expect the economy to perform in 2015 and 2016?
Articles: interest rates (11)
The world economy is slowing down and the authorities are fretting.
How far the oil price will come down and for how long it will stay “low” is now anyone’s guess. A declining price results from weakening demand while supplies are improving.
The standard way to make forecasts of almost anything is to look at recent trends and assume that this trend will continue, at least for the next several years.
Academic researchers Carmen Reinhart and Kenneth Rogoff have become famous for their book This Time is Different: Eight Centuries of Financial Folly and their earlier paper This Time is Different: A Panoramic View of Eight Centuries of Financial Crises. Their point, of course, is that the same …
In a recent speech to the International Monetary Fund economist Larry Summers argued that since near zero interest rates have not stimulated GDP growth sufficiently to reach full employment, we probably need a negative interest rate.
December 23rd marks the 100th anniversary of the Federal Reserve. Dissatisfaction with its track record has prompted calls to audit the Fed and end the Fed.
I've spent the weekend pondering how to bring this series to a conclusion and I decided that these last two pieces -- the optimistic and the pessimistic view of the future -- will, for the sake of focus, have to deal with only a couple of variables.
What is your house worth? What is a company's stock worth? What is your dollar worth? Nobody really knows because there isn't actually a market for any of those things.
Yesterday we looked at how debt is used to generate high returns, particularly for a small subset of the population and especially during times when central policy makers commit to extended periods of low, stable interest rates.