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Bond Market Silence

That silence you hear is the bond market getting into a panic over the US debt. Not. For all you debt hawks and inflation worriers out there I want to draw you attention to today’s bond yields. They are going down. In fact US debt is now just about as cheap as it has been […]

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Can We Change Group Think?

People keep asking me: what would you do? That’s a good question. It’s all very well to comment on all the follies of current economic policy – as I see them – but, really, what would I do? Each of us has a personal list of things that irk them and need fixing. Most of […]

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More Jobs, More Unemployment?

I would be remiss if I ignored today’s employment report. It was generally good news. The economy added 244,000 jobs in April, with a gain of 268,000 in the private sector being offset by a decline in the public sector as state and local governments reduce their workforces in an attempt to balance their budgets. […]

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