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A must read: "Liberty and Tyranny"
Credit default swap spreads are narrowing (2)
Financial conditions are improving (2)
Missing Milton
Japanese industrial production bounces
Teddy Roosevelt deja vu
Another commodity bubble forming?
No recovery yet in capex
Weekly claims still pointing to a bottom (2)
Green shoots turn red-hot
Bond market vigilantes to the rescue?
Conforming fixed-rate mortgage yields have bottomed
Very steep Treasury curve -- time to tighten
Bond market to Bernanke: time to take your foot of...
Confidence rebounds
No shortage of money (11)
Putting the "dollar collapse" in perspective
Treasury yields will continue to rise
Fiscal stimulus doesn't work!
Obama's tougher fuel standards are absurd
Bond market green shoots
TIPS update
Baltic update--very bullish
TED spread almost back to normal
Fear subsides, prices rise (6)
U.S. exports are rebounding (2)
Sedona photos (4)
Sedona photos (3)
Sedona photos (2)
Sedona photos
Swap spreads explained
Sedona bound
Inflation is not dead (2)
Almost back to normal
Fed: Higher Treasury yields would be a positive sign
Budget update -- awful (2)
Retail sales are not collapsing
Budget update -- awful
Swap spreads lead the way (3)
Commodity recap: strong price gains
Soaring debt + Fed monetization = higher interest ...
Big government is the biggest threat
Big government gets way bigger
Oil prices and drilling activity
Energy costs are not very burdensome
Unemployment and the Misery Index
More things bouncing more
Job losses are slowing down
Rising T-bond yields are very bullish
Weekly claims still pointing to a bottom
Fear subsides, prices rise (5)
Swap spreads lead the way (2)
More signs of a bottom
Mortgage spreads are getting very tight
TED spread continues to shrink
Service sector bounces
Inflation Nation
Putting the rally in perspective
Brazilian stocks surge
Jack Kemp, R.I.P.
No household debt crisis (2)
Another look at container shipments
Credit default swap spreads are narrowing
Financial conditions are improving
Swap spreads lead the way
Agency spread update (2)
Recession end in sight
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About Me
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"Parliament of Whores" -P.J. O'Rourke
"Popular Economics" -John Tamny
"The Education of a Speculator" -Victor Niederhoffer
"The Financial Crisis and the Free Market Cure" -John Allison
"The Seven Fat Years" -Robert Bartley
"The Way the World Works" -Jude Wanniski
"Wealth and Poverty" -George Gilder
Tuesday, May 5, 2009
Service sector bounces
Here's one more in a long and growing list of things that have bounced significantly from their year-end lows.
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