By EconMatters…
After House Speaker John Boehner (R-Ohio) abruptly withdrew from the debt talks with the White House last Friday, the latest development is the dueling proposals from the Republican leader in the House and Democratic leader of the Senate
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By EconMatters…
Scanning the news headlines, the hits seem to just keep on coming on the jobs front. The nationwide unemployment rate increase to 9.2% from 9.1% over the month. The unemployment rate also increased in 28 out of 50
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Memo to: Oaktree Clients
From: Howard Marks
Re: Down to the Wire
Here are the ingredients in the plot: A problem everyone’s aware of. If it isn’t resolved,
a shutdown with unspecified but possibly disastrous consequences. A deadline which
seems…
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by Rob Bennett
There have been years when we have seen very high stock returns. We have seen years when stock prices went up by 10 percent or 20 percent or even 30 percent. There also have been years when…
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By Seeking Delta of http://seekingdelta.wordpress.com
“Fed itself has admitted in the last couple days in speeches that they don’t know what they’re doing. They just hope what they’re doing works.”
~Kyle Bass of Hayman Capital 10/06/2010 via CNBC …
With talk
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I found an interesting debate on FDR’s policies to fight the great depression. If you love economics you will enjoy this video a lot. I figured this was a good video to watch on labor day if you have some…
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Great article on the estimates used for pension returns. The debate boils down to whether to use the historic return of 8%, or the current rate on long term treasuries which is close to 3.5%. I must side with the…
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I have penned several articles about the dangers the current pension system is in across the nation. The problem is in both the private and public sectors. Many companies like Google refuse to offer pensions because they realize the danger…
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Kenneth Rogoff was on Charlie Rose earlier this week. Below is part of the transcript where Rogoff discusses job creation, followed by a link to the interview. For all readers unfamiliar with Rogoff here is a brief bio:
Kenneth S …
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Niall Ferguson of Harvard University spoke with Bloomberg Television… on the subject of bond markets and the threat of a speculative bond attack against the United States.
0:35 Ferguson discusses “bond vigilantes”.
1:35 No country in history has been able
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