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Falling short
Wouldn't it be nice if, just once, policy makers exceeded expectations instead of falling short? Actually, it would be more than nice: until that starts happening, policy will keep losing credibility. But it's apparently not to be. The IMF ministers have endorsed the G7 plan - but there isn't ...
Is Oil Demand Falling Off A Cliff?
Is Oil Demand Falling Off A Cliff?
marketprognosticator.blogspot.com — Is demand for oil falling off a cliff with the stock market? The Department of Energy reports that the U.S. Petroleum Products Product Supplied was only 18.66 million barrels per day for the four weeks ending October 3. This is the lowest level ... (more) Is Oil Demand Falling Off A Cliff?
The G7 Put vs. the Greenspan Put
paul.kedrosky.com — 936 points on the Dow. 11.1%. Oh. My. Goodness. Almost unbelievable. I'll leave to others to put it in context in terms of biggest-first-day-after-apocalypse-rebounds-on-prime-numbered-weekdays-in-October, but I'll just say this: the G7 put sure ... (more) The G7 Put vs. the Greenspan Put
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"European Leaders Agree to Inject Cash Into Banks"
Economist's View — ... : Ask, and you shall receive. I asked plaintively for policy makers, at least once, to exceed expectations in this crisis instead of falling short — and it seems that the eurozone governments ...

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