Tom Lindmark submits:
The minutes of last month’s Federal Open Market Committee showed that there is deep concern about the economy among the members. That concern was not confined to just a downturn in the economy but also to a debilitating period of disinflation.
Over the past several days, several other economists have come forth with [...]

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Tom Lindmark submits:
OK, if any of you can figure this out let me know. I put up a recent post that noted bankruptcies, plant closings and layoffs from some of the industrial titans of the world. At the same time, there’s an article in the WSJ that says that some pretty smart guys are [...]

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Ockham Research submits:
We would like to extend a Happy New Year to our newsletter readers and apologize for the two-week layoff around the holidays. While it is often useful to take a look back at the past year, that has already been done thousands of times, and really what more needs to be said [...]

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John Jansen submits:
Prices of Treasury coupon securities sagged in overnight trading as the flight from risk-averse assets continued and the heavy calendar of Treasury issuance became reality.
The yield on the 2 year note has increased 5 basis points to 0.81 percent. The yield on the 3 year note has climbed 5 basis points to [...]

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Dan Weiss submits:
VIX crossed 80 for the first time in its history, the price of crude soared to 7 per barrel and then collapsed to only to regain a small amount of ground in the last few trading sessions, several mutual funds and hedge funds closed shop, the largest Ponzi scheme was uncovered, [...]

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