Crude Oil Supply and Demand
With the endless rumors of deals that explain the move, we thought we would look at the spreads.
Argentina’s Default: A Devastating Lesson in Unfunded Government Liabilities
Argentina’s central planners have pursued a slew of defunct monetary policies of the Keynesian, Monetarist and Mercantilist variety. Repeated default is the fruit of that labor.
The SEC Attacks SAC Capital
Even if you think that insider trading is bad, can you really say with a straight face that it is an act of deception?
Even if you think that insider trading is bad, can you really say with a straight face that it is an act of deception?
From Newton to Bohr, Kasparov to Big Blue & from Keynes to No One
Too much faith is being placed in untested economic theories that may or may not work, or may or may not even be correct
That Pesky Marketplace – A Political Fable
When the financial markets no longer reflect the human condition, authorities must answer to true power – the marketplace.
The Dollar is Going Up
Right now, everyone is on the same side of the trade: long equities. This is dangerous…
Small country, oversized financial sector: Really intolerable?
Several European politicians have opined that a large financial sector was an unacceptable business model for a small country.
Financial Transaction Tax: Counterproductive
At a time when the cost and availability of capital in the EU is sometimes problematic, the FTT would raise it for households, firms and even states.
The Fed’s Exit
The magnitude of the systemic leverage problem will be met with equal inflationary force.
The Pound Gets Pounded
The travails of the pound is far more instructive to those pondering the fate of the U.S. currency.
Javier: 
