Bernanke comments and weak China data spook investors: http://t.co/yGPG5v1WiU
13 minutes ago
Archive for January, 2006
-
Italy’s Tremonti’s Temper Tantrums on EMU in Davos…a Sad Embarrassing Episode for Italy…
On Friday I was in Davos in a panel on the “Ups and Downs of EMU” (European Monetary Union) where ECB head Trichet, Italian Economy Minister Tremonti, a few other EU officials and myself were supposed to discuss the following questions: Will EMU collapse in the future? Which country will exit first? What will be [...]
-
Global Imbalances, the US Dollar and Globalization Challenges at Davos…
One of the themes widely debated at Davos this year is the state of the global economy, the risks deriving from global imbalances and the prospects for the US dollar. Last year the predictions of many at Davos that the US dollar would sharply fall proved to be wrong.So, there is a greater degree of [...]
-
On the Way to Davos…U.S. Dollar Debates in London…
As Bloomberg reported this morning, the risks to the US dollar in 2006 will be widely debated in Davos, as they were last year when Bill Gates, Warren Buffett and George Soros predicted a crash of the US dollar that did not materialize. I have already presented in November my arguments on why the US [...]
-
On My Way to Davos…This Year’s Leading Themes at the World Economic Forum
I am on my way to Davos for the World Economic Forum (via a detour to the ECB and one to London for a conference on Global Imbalances). I have somehow “foolishly” accepted to speak in Davos in some ten separate panels/events that cover the gamut of the topics being discussed at the WEF this year. The main [...]
-
Geithner vs. Greenspan/Bernanke on Asset Prices and Monetary Policy
It is quite amazing how sometimes the print media totally misses important news stories and how financial markets similarly misread and react in the wrong direction to such stories. The speech yesterday by New York Fed President Tim Geithner (effectively the #2 at the Fed) about how monetary policy should respond to asset prices and asset bubbles represents a [...]
-
Trends and Forecasts for the U.S. and Global Economy in 2006
Having being swamped by end of academic term teaching and exams for hundreds of students, I took a month long break from blogging. With a new year starting I plan to be blogging more regularly several times a week. My colleague and co-author Brad Setser has already made a candid post-mortem of what he got wrong and right in 2005 (see Roach [...]
