Archive for March 8th, 2011

Deeper Analysis


March 8, 2011

This is the time of year when economic forecasters first begin to think about the following year and the month when the monthly poll by The Economist introduces projections for the year after the current one.  Such early estimates contain very useful information.  Here are some of the revealed insights. U.S. GDP is expected to […] More

Central Bank Watch

ECB Tightening: Beyond the First Move

March 8, 2011

German Bundesbank President Axel Weber, an unapologetic inflation-fighting hawk, suggested today that the ECB should and probably will implement a series of rate increases during 2011, not just one.  His remarks were made on the occasion on the release of the Bundesbank Annual Report.  Money markets are priced for multiple tightenings, and other members of […] More

New Overnight Developments Abroad - Daily Update

Less Anxiety Than on Monday

March 8, 2011

Maybe because its Mardi Gras time, there’s less angst in the air.  Share prices, the dollar, and sovereign debt yields are up.  Focus of investor worry has swung somewhat back toward Europe’s debt problems from fear about the impact of elevated oil prices. Investors believe Qaddafi will be gone when the fighting stops.  Ahead of […] More