Latest Articles
Inflation Illusion (2/4/2010)
Price inflation creates strong illusion of monetary gains that hides the reality of more mundane performance.
Price inflation creates strong illusion of monetary gains that hides the reality of more mundane performance.
Farming the Wind (1/23/2010)
China is tapping US economic stimulus fund to build wind farms in the US.
China is tapping US economic stimulus fund to build wind farms in the US.
The Yield Curve (1/23/2010)
The yield curve depicts how yields of Treasury debts vary with their borrowing durations.
The yield curve depicts how yields of Treasury debts vary with their borrowing durations.
Bonds vs Stocks (1/23/2010)
Bonds and stocks are alternative means of business financing where bonds offer steady income while stocks offer potentially substantial capital gains to investors.
Bonds and stocks are alternative means of business financing where bonds offer steady income while stocks offer potentially substantial capital gains to investors.
To Revalue or Not to Revalue – The Yuan Story (1/23/2010)
The Chinese yuan may be under-valued against the US dollar, but yuan revaluation is unlikely to substantially reduce US trade deficit with China.
The Chinese yuan may be under-valued against the US dollar, but yuan revaluation is unlikely to substantially reduce US trade deficit with China.
From Help Wanted to Job Wanted (1/22/2010)
The unemployment rate closely tracks the business cycle and reflects the vicissitudes of economic fortunes.
The unemployment rate closely tracks the business cycle and reflects the vicissitudes of economic fortunes.
Under Water (1/22/2010)
Securitization of mortgage loans has fueled a US housing bubble whose bursting has put one in four mortgages under water.
Securitization of mortgage loans has fueled a US housing bubble whose bursting has put one in four mortgages under water.
