Interview of PIMCO's Paul McCulley: housing price is bottoming out but huge inventory will take time to clear. He also commented on PPIP and Janet Yellen's recent speech on Minsky Meltdown.
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Thoughts and discussions in economics, finance and history, with focus on China's interactions with the global economy.
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2009
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April
(78)
- Read the tea leaves of the economy
- China's jobless migrant workers reaches 30m
- Poll: Will Ken Lewis be out?
- A new era of thrift
- These Zombie Banks
- Bear Market Rally: then and now
- Charlie Rose with Joe Stiglitz and Bill Ackman
- GM outlines restructuring plan
- Becker questions Fed's ability to remain independent
- Rosenfeld: Ten years after LTCM
- The power of blogging
- The V, the L, the U or the big D?
- China's bamboo shoots of recovery
- Rogoff: Stress test not stressful
- Whitney on current state of banking
- China doubles gold reserve
- UK: the sick man once again?
- Will Americans turn into Europeans?
- Sinking together
- Europe challenges world economic recovery
- McCulley: bottoming vs. recovery
- China's Electric Car Market: The battle is on
- O'Neill calls China "red hot"
- Copper as leading economic indicator, Part 2
- China's coming aging problem
- Stress Test: What game will government play?
- Mishkin warns Japan-like stagnation
- Frontline: Inside the meltdown
- "Party again" or "Worst yet to come"?
- Mankiw: Let's have negative interest rate
- How bad is current recession?
- China wants inflation
- Nasty unemployment ahead
- Stiglitz calls PPIP "corporate welfarism"
- Something about "Bond King"
- Hall: Another exit strategy for the Fed
- Yellen: Minsky Meltdown
- Krugman: Things are getting worse more slowly
- Feldstein on troubled banks and the economy
- Mobius on investing in emerging markets
- Is nationalization inevitable?
- DeLong: Three Narratives for Obama Administration
- V or W? The alphabetical debate on China's recovery
- Summers on economic outlook
- Goldman: Let me pay!
- Further signs of stabilization in China's housing ...
- Rosy assumptions in bank stress test
- Copper as leading economic indicator
- Is China leapfrogging?
- Pettis: China blogger-banker-bartender
- New York: Empire in Decline State
- State budget shortfall
- +++Watch closely: Initial jobless claims+++
- MIT panel on financial crisis
- Nothing more than a bear market rally
- Berner: "Scattered sign of improvement"
- Where does the market stand?
- Is inequality bad for China's economic growth?
- "We want our $$$ back": two incidents
- Consumer credit shut down
- Eichengreen: A tale of two depressions
- Vernon Smith: From Bubble to Depression?
- Is there a middleground between bankruptcy and nat...
- Soros: Don't put blind faith in the Fed
- El-Erian: Four things to watch
- Larry Summers' integrity being questioned
- Bernanke explains Fed's balance sheet
- Unemployment: Where do we stand?
- G20 outcome
- Krugman: China's Dollar Trap
- A game of bookkeeping
- Most watched ETF in history
- Investors now "fly in the dark"
- Laura Tyson wants China to do more
- China's Electric Car Ambition
- Stiglitz: Obama's Win-Win-Lose Plan
- "Greenshoots" in China's Housing Market
- China extends lockup period of foreign banks
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April
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