TestosteronePit – Home – WhattheThree-Week 933-PointDropintheDowIsTellingUs http://feedly.com/k/1hCHa87 shared via http://feedly.com Seguir leyendo ¿Se está terminando el sueño de la recuperación? Testosterone Pit – Home – What the Three-Week 933-Point Dro p in the Dow Is Telling Us

IMFfears ‘assetspirals’ inemergingmarketsonFedtapering – Telegraph http://feedly.com/k/1bRB4jr shared via http://feedly.com Seguir leyendo IMF fears ‘asset spirals’ in emerging markets on Fed tapering – Telegraph

Rising Global ManufacturingMomentumNearsAnInflectionPoint http://feedly.com/k/GFZou3 There used to be a time when US manufacturing set the pace for the entire world, and was the leading indicator for growth in developed and emerging economies around the globe. Unfortunately, in the days of the New Normal, this indicator has lost its potency, and has been replaced by the only variable that currently matters: which central bankisinjectingthemostcreditmoneyinto a fungible, … Seguir leyendo Rising Global Manufacturing Momentum Nears An Inflection Point

LavoieonAdministeredPrices http://feedly.com/k/17gRzR0 Short and concise, but insightful: “… prices set by [sc. fixprice] firms in the short run are not market-clearing prices, and are not even intended to be so. According to Lee …, this was the most striking lesson to be drawn both from Mean’s administered prices and from the surveys conducted by Hall and Hitch (1939). The novel and radical feature of the … Seguir leyendo Lavoie on Administered Prices

Palma and Galbraith onInequality http://nakedkeynesianism.blogspot.com/2013/10/palma-and–galbraith–on–inequality.html The Washington Post had a story (h/t Esteban Perez) recently about the ratio of inequality between the 10% richest and the 40% poorest, which they suggest is named the Palma ratio, after Chilean economist Gabriel Palma (see figure below). The figure suggests that the US is very unequal more so than some African countries and several in Asia, including, for … Seguir leyendo Palma and Galbraith on Inequality

IMFchidesTurkeyonrecklesspolicies as taperlooms – Telegraph http://feedly.com/k/16NlIOw shared via http://feedly.com Seguir leyendo IMF chides Turkey on reckless policies as taper looms – Telegraph

HowtheForeclosure Crisis MadetheRichEvenRicher http://feedly.com/k/1bAdGKO ThisisNakedCapitalismfundraisingweek. 53 donorshavealreadyinvestedinoureffortstoshedlightonthedarkandseamycornersoffinance. JoinusandparticipateviaourTipJaroranothercreditcard portal, WePayintherightcolumn, orreadaboutwhywe’redoingthisfundraiserandotherwaystodonate, such as bycheck, as well as ourcurrentgoal,onourkickoff post. It’s a welcome departure to see Adam Davidson’s weekly column in the New York Times, which usually puts a happy face on how the 1% are winning the class war in America, have a guest writer look at the other side of the story. Catherine Rampell … Seguir leyendo How the Foreclosure Crisis Made the Rich Even Richer