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  • The last month the USDSEK failed to hit a new low for 2021 which sets up a long term higher low. And with the pair looking to break the 8.4900 level the risk would be for a move back towards the 200dma and the 161% […]

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    Chart of the Day – USDCAD – (March 1st, 2021)

    The last month the USDSEK failed to hit a new low for 2021 which sets up a long term higher low. And with the pair looking to break the 8.4900 level the risk would be for a move back towards the 200dma and the 161% […]

    Is Bernie Sanders Working Undercover for Racists?

    My late, great colleague Walter Williams would have put the following point far more eloquently than I do in this letter to the Wall Street Journal: Editor: Suppose that a KKK Grand Wizard is caught on tape squawking out the following: “Compared to white workers, […]

    Higher education sentences to ponder

    We find that the WTP [willingness to pay] for in-person instruction (relative to a remote format) represents around 4.2% of the average annual net cost of attending university, while the WTP for on-campus social activities is 8.1% of the average annual net costs. We also […]

    Risk-on after calm in bond markets, impressive ISM data, ECB slows purchases

    Home/Central banks/COVID-19/News events/Newsfeed/TreasuriesOriginal Article

    Monday assorted links

    1. GMU Econ Society interviews me. 2. How TikTok led to a run on feta cheese (NYT). 3. “In-fight meals repurposed as bento boxes are proving popular in Japan at a time when many flights have been canceled due to sluggish demand amid the coronavirus […]

    About those “bond vigilantes”

    Adam Tooze has a post discussing the bond vigilante theory: The phrase “bond vigilante” is normally attributed to Ed Yardeni a Wall Street economist who coined it in the 1980s to describe the role of bond markets in disciplining governments. “Bond Investors Are The Economy’s […]