Senate’s Dodd Plans to Release Financial Overhaul Bill
Trade Gap in U.S. Unexpectedly Falls as Imports Drop
Senate Bill on Finance to Include Agency That Tracks Financial Risk
China’s Inflation Quickens as Industrial Production Climbs
Dollar reverses gains after U.S., Chinese data
Stocks trade flat on concern about China inflation
Treasury Yield Curve Near Record Before $13 Billion Bond Sale
Oil Drops in New York After Stronger Dollar Boosts Commodities
“In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.”
Hyman Minsky, 1986
by Doug Noland | Mar 5
Stabilization of the Greek debt crisis fueled a big rally in U.S. and global equities.
Read moreby Martin Hutchinson | Mar 8
With the retirement of Fed Vice Chairman Donald Kohn, President Obama now has the right to appoint three Fed governors.
Read moreby Gordon Ringoen | Mar 5
There are no silver bullets to solve our looming energy crisis, resource depletion, and environmental pollution.
Read moreby Dr. Donald Perry | Mar 3
The answer is not blowing in the wind
Enthusiasm for wind power blows over key issues confronting this alternative energy source.
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