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Fed Watch: A return to a Nasty Dynamic?
Tim Duy: A Return to a Nasty External Dynamic?, by Tim Duy : At the moment, the economic dynamic is exceedingly complicated. An understatement, I fear. The crosscurrents in the data and the markets are treacherous, and I suspect will have Fed officials scratching their heads. Hold steady ...
Banks Want Government Subsidies to Buy Assets from Themselves
baselinescenario.com — From the headlines of the Wall Street Journal: “ Banks Aiming to Play Both Sides of Coin... — Industry Lobbies FDIC to Let Some Buy Toxic Assets With Taypayer Aid From Own Loan Books (subscription required, but Calculated Risk has an excerpt). I thought the headline had to be a ... (more) Banks Want Government Subsidies to Buy Assets from ...
A Return to a Nasty External Dynamic?
economistsview.typepad.com — At the moment, the economic dynamic is exceedingly complicated. An understatement, I fear. The crosscurrents in the... data and the markets are treacherous, and I suspect will have Fed officials scratching their heads. Hold steady with existing plans? ... (more) A Return to a Nasty External Dynamic?
Auction the TARP Warrants
dmarron.com — Treasury should give up on negotiated sales and simply auction the bank warrants it received through its... TARP investments. Auctioning the warrants will enhance the transparency of the process, ensure that taxpayers get a fair return on their ... (more) Auction the TARP Warrants
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Friday links: the price of risk
Abnormal Returns — ... “I want to believe that the rapid reversal of Treasury yields is a benign, even positive, event. This is likely the Fed’s view; consequently, the Fed will hold steady on policy.”  But… (Economist’s View) ...

Supply, demand, and the price of oil
Econbrowser — ... , not just dollars, though the inflation risk is not by any stretch confined to the United States. It seems unlikely to be a coincidence that these moves in commodity prices coincided with a surge in long-term U.S. nominal yields, a surge that is not matched by TIPS, though the gap between the two (the implied expected inflation rate) is still smaller than I can explain. ...

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economistsview.typepad.com 6/11/2009 — <p>HTML clipboard</p> Tim Duy says it's too soon to start thinking about rate hikes: Rate Hike?, by Tim Duy : Seriously, a rate hike in this environment?   Or anytime before the end of 2009?   At the moment, I just can't ...