Before leaving for the holidays, Congress gave us all a two-month payroll tax cut debate reprieve. But before they return to politick anew, let’s review what’s at stake.
Italian debt auctions this week resulted in incremental improvements in yields to round out a bumpy 2011.
Things look a little brighter for consumers and free markets this holiday season since government gave them an early present in the form of a reprieve.
A handful of books on the mind to close out the year.
The US Treasury seems poised to request another debt ceiling increase soon. And this time, the exercise seems even more meaningless.
Japan’s been quite busy the last few days—here’s a quick rundown of some primary stories.
Thursday bore gifts a little early as indications of US growth continued and Congress reached an agreement.
Tuesday, South American leaders did their best to mar what had so far been a pretty stellar year for free trade—but are they likely to achieve their aim?
Spanish yields, the ECB and Hungarian politics dominated European news on Tuesday.
Daniel Kahneman’s seminal compilation of his life’s work on the psychology of decision making encourages you to think…and then think again!
Lessons from the markedly different lives of Kim Jong Il and Vaclav Havel.
Gold prices have been rocky lately to the bewilderment of many whose views hinge on mythological views of the yellow metal.
A look at Spanish yields, recent US economic and legislative news and renewed drilling activity in the Gulf of Mexico.
An open letter to EU officials.
China announced new tariffs on US-made cars Wednesday—in our view, an incremental step in the wrong direction for all involved parties but not likely terribly impactful.
US November retail sales grew less than estimated. But digging below the surface, the report wasn’t bleak.
An alternate perspective of Italy’s debt costs shows today’s levels are low by historical standards.
A quick look around the web at some stories that grabbed our attention recently.
The EU summit came to a close on Friday. And what emerged was another demonstration of the will to back the euro.
Measures enacted by the ECB Thursday are far from a cure-all to fix the eurozone’s copious issues—but they do represent incremental steps to add liquidity at a time when it’s perceived to be much needed.
Wednesday marked a couple momentous global milestones—each a testament to democracy’s resilience, in starkly different ways.
S&P placed 15 eurozone countries and the EFSF on credit watch negative Monday—but that ignores significant variety among European countries, in our view.
Italian Prime Minister Mario Monti announced tough new austerity measures and 10-year yields fell below 6%.
Is a still-high unemployment rate that unusual?
While troubled PIIGS have taken incremental steps forward, eurozone politicians continue to take necessary measures to prevent a disorderly breakup of the union.
Wednesday was a busy day in headlines and markets alike. Here’s a look at some of the day’s more prominent stories.
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