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    Economics / bailouts, banking, Barclays, JP Morgan Chase, stock market /

    Bank Stocks: Proof Times Have Not Changed?

    March 10, 2010

    Breeze through the financial news and one item will stand out: just how well bank stocks are doing. Today’s headlines at Marketwatch, the perennially pro-business financial media site, are an example. Apparently bank stocks are rallying in expectation of a surge in mergers and acquisitions activity. The boys are back in town. That the banks […]

    Economics / bailouts, bank regulation, banking, Bernanke, Citibank, Federal Reserve Board, Geithner, Goldman Sachs, JP Morgan Chase, Keynes, monetary policy, stimulus /

    Banking, Geithner, The Fed: Doomed to Repeat?

    March 8, 2010

    What a glorious day. I walked back up from the Strand bookstore and in so doing wandered past the citadels of more than one of our anti-social banking community. Spring may be the harbinger of warmer days, but I am now seriously wondering whether they will be better. Why, you might ask, am I so […]

    Economics / jobs, unemployment /

    Unemployment: No Change

    March 5, 2010

    The hints of improvement we have seen in some of the other reports on payrolls and jobs did not translate into an improvement in the official unemployment rate – this morning’s release shows the unemployment rate stuck at 9.7% for February. Within the data there is nothing stands out as a feature we can latch […]

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