Meta
Categories
- accounting
- Announcements
- architecture
- art
- auctions
- bailouts
- banking
- bankruptcy
- ben stein watch
- blogonomics
- bonds and loans
- charts
- china
- cities
- climate change
- commercial property
- commodities
- consumers
- consumption
- corporatespeak
- credit ratings
- crime
- Culture
- Davos 2008
- Davos 2009
- defenestrations
- demographics
- derivatives
- design
- development
- drugs
- Econoblog
- economics
- education
- emerging markets
- employment
- energy
- entitlements
- eschatology
- euro
- facial hair
- fashion
- Film
- Finance
- fiscal and monetary policy
- food
- foreign exchange
- fraud
- gambling
- geopolitics
- governance
- healthcare
- hedge funds
- holidays
- housing
- humor
- Humour
- iceland
- IMF
- immigration
- infrastructure
- insurance
- intellectual property
- investing
- journalism
- labor
- language
- law
- leadership
- leaks
- M&A
- Media
- milken 2008
- Not economics
- pay
- personal finance
- philanthropy
- pirates
- Politics
- Portfolio
- prediction markets
- private banking
- private equity
- privatization
- productivity
- publishing
- race
- rants
- regulation
- remainders
- research
- Restaurants
- Rhian in Antarctica
- risk
- satire
- science
- shareholder activism
- sovereign debt
- sports
- statistics
- stocks
- taxes
- technocrats
- technology
- trade
- travel
- Uncategorized
- water
- wealth
- world bank
Archives
- March 2023
- August 2022
- July 2022
- June 2022
- May 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- December 2012
- August 2012
- June 2012
- March 2012
- April 2011
- August 2010
- June 2010
- January 2010
- December 2009
- September 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
- February 2006
- January 2006
- December 2005
- November 2005
- October 2005
- September 2005
- August 2005
- July 2005
- June 2005
- May 2005
- April 2005
- March 2005
- February 2005
- January 2005
- December 2004
- November 2004
- October 2004
- September 2004
- August 2004
- July 2004
- June 2004
- May 2004
- April 2004
- March 2004
- February 2004
- January 2004
- December 2003
- November 2003
- October 2003
- September 2003
- August 2003
- July 2003
- June 2003
- May 2003
- April 2003
- March 2003
- February 2003
- January 2003
- December 2002
- November 2002
- October 2002
- September 2002
- August 2002
- July 2002
- June 2002
- May 2002
- March 2002
- February 2002
- January 2002
- December 2001
- November 2001
- October 2001
- September 2001
- August 2001
- July 2001
- June 2001
- May 2001
- April 2001
- March 2001
- February 2001
- January 2001
- December 2000
- September 2000
- July 2000
- March 2000
- July 1999
Category Archives: foreign exchange
The Yuan that I Want
Jim Rogers has been bullish on China for years, and indeed now has a new book out entitled "A Bull in China: Investing Profitably in the World’s Greatest Market". So it’s hardly surprising that he sees the country’s currency rising. … Continue reading
Posted in foreign exchange
Comments Off on The Yuan that I Want
The NYT, the Dollar, and the Savings Rate
Back in August, the NYT editorial page displayed its economic ignorance by blaming the weak dollar, inter alia, on a low domestic savings rate. It got slapped down by both Greg Mankiw and Dean Baker: a low savings rate causes … Continue reading
Posted in economics, foreign exchange
Comments Off on The NYT, the Dollar, and the Savings Rate
The Oil Price Denomination Fallacy
Repeat after me: The fact that oil prices are denominated in dollars means… absolutely nothing. Dean Baker has been banging this drum for a few days now, most recently attacking the Washington Post for saying that "since crude oil is … Continue reading
Posted in foreign exchange
Comments Off on The Oil Price Denomination Fallacy
Loonie Tunes
There’s a lot of buzz in the blogosphere today about the fact that the Canadian dollar this morning finally reached parity with the US dollar. It’s a big deal for those of us who used to think of Canada as … Continue reading
Posted in foreign exchange
Comments Off on Loonie Tunes
Paulson Hoist on His Own Petard (Yuan Version)
Yves Smith of Naked Capitalism submits: One of the Treasury Department’s big campaigns has been to put pressure on the Chinese to allow the yuan to float more freely (the Chinese now engage in a dirty float in place of … Continue reading
Posted in china, foreign exchange, Politics
Comments Off on Paulson Hoist on His Own Petard (Yuan Version)
Carry Trade Unwinding? It Looks Real This Time
Is the long-dreaded unwinding of the carry trade finally happening?
Continue reading
Posted in foreign exchange
Comments Off on Carry Trade Unwinding? It Looks Real This Time
Bush and the Dollar
A weak dollar is neither a bad idea nor a good idea: it’s just a fact of life, imposed on the US by the international currency markets.
Continue reading
Posted in foreign exchange
Comments Off on Bush and the Dollar
Emerging Markets: Yields and Spreads
Alphaville’s Gwen Robinson has gotten
her hands on some research from CLSA’s Christopher Wood,
who foresees emerging-market debt yields even lower than the yields on US Treasury
bonds.
Continue reading
Posted in bonds and loans, emerging markets, foreign exchange
Comments Off on Emerging Markets: Yields and Spreads
Rereading Swiss Profits in Dollar Terms
Weak results in Swiss francs look better in US dollars.
Continue reading
Posted in banking, foreign exchange
Comments Off on Rereading Swiss Profits in Dollar Terms
Playing the Carry Trade
The idea behind the carry
trade is simple: you take (or borrow) money in a low-yielding country, such
as Japan or Switzerland, and then invest that money in a high-yielding country,
such as Britain, Iceland, or Brazil. This is a strategy which normally works until it doesn’t.
Continue reading
Posted in foreign exchange
Comments Off on Playing the Carry Trade
£1 = $2
Those of us with a vaguely transatlantic bent have been mentally doubling UK
prices (or halving US ones) for some time, but now it’s official: the
British pound is worth more than $2.
Continue reading
Posted in foreign exchange
Comments Off on £1 = $2