A few decades ago, Dubai was a small town overlooking a sluggish creek where pearl fishermen and merchants traded from a maze of souks. Today, visitors arrive on super-jumbos to be cocooned in ...
Remember deflation? Prices appeared to be circling the drain last summer, raising fears of a Japanese-style "lost decade" of spiraling personal debt, falling wages and economic stagnation. Well, you ...
Today marks the last day of the Fed's financial asset purchase program known as QE2. What impact did QE2 have? What should we expect to happen now that it is ending? Traditionally, the Federal Reserve ...
In 1992 the QE2 grounded on rocks that should have been well below her keel. This explains the real physics of squat, how speed and shallow water reduce under keel clearance, and why even accurate ...
QE2 is going to go down as one of the worst monetary policy initiatives in the history of the modern Federal Reserve era. On almost any metric applied, QE2 ends up not only falling well short of its ...
There's probably no better person to assess the state of this economy than Richard Koo, the Nomura economist whose book The Holy Grail Of Macroeconomics is all about the unique nature of a post-crisis ...
NEW YORK – Could the financial markets be heading for a June swoon? The answer likely hinges on what happens after the Federal Reserve's $600 billion effort to boost the economy expires. Some ...
Economists have not given QE2 a standing ovation. In fact, they have been strikingly unenthusiastic about the Federal Reserve’s plan to buy long-term Treasury bonds to head off possible deflation and ...
Getting your Trinity Audio player ready... Now for a trivia quiz. In 2004, the dowager liner of the ocean, Queen Elizabeth 2, was dethroned by her ingenue sister, Queen Mary 2, which took over ...
With the end of June in sight, so too is the end of the latest round of focused quantitative easing from the U.S. Federal Reserve commonly called "QE 2." Assuming that the program ends as planned, the ...