Bernanke’s Dilemma: No Good Moves Left
It could be risky for the Fed to continue its easy-money policy – and dangerous to stop.
It could be risky for the Fed to continue its easy-money policy – and dangerous to stop.
The previous upturn in housing prices faltered after a year, but all the signs suggest that the current home price recovery will be sustainable.
By trying to compensate for poor fiscal policies, the Fed is making it easier for the President and Congress to evade their responsibilities.
Gold and other commodities seem to be signaling that the U.S. economy is sluggish and will get weaker still.
Instead of struggling to keep the euro zone together, default may be less painful in the long run for the people of overindebted countries
Unless the Boston Marathon bombings are part of a much larger plot, it seems unlikely that their effects on the stock market will last more than another day.
Online currencies like the Bitcoin are one day likely to alter government policy, just as the bond market did in the 1990s
For Americans, the economy is likely to remain sluggish for several years, but the long-term outlook isn’t nearly as bad as the pessimists say
Since the recession, the value of derivatives outstanding has grown, and they remain very risky with the potential for large, unpredictable losses.
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.
Since the recession ended, the economy has never grown fast enough to make up for lost ground – and that’s helping to keep household income depressed for as much as half the population.