Janet Yellen
Trick or Treat
October 24, 2013
This is the month when people are asked to choose between forking over a treat or suffering the consequences of a practical joke. The fiasco of a U.S. debt ceiling debate earlier this month ended thankfully without a government default but with a considerable dose of national disgrace. Knock on wood, but the treat during […] More
Some Reassuring News
April 12, 2012
Australia reported much better-than-expected labor statistics for March. Employment climbed 44.0K, the second increase of more than 40K in three months, and the jobless rate held at 5.2% instead of ticking up a tenth as forecast. The Aussie dollar recovered 1.0% against the greenback. Chinese bank lending last month leaped by 1.011 trillion yuan, compared […] More
