Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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April 30, 2005
Monetary Policy
So, have central banks lost interest in Treasuries?
Two apologies in advance: First, this is one my wonkier/ data-intensive kind of posts. Second, this post responds to a subscription only Wall Street Journal C4 article by Agnes Crane that ran last …
August 21, 2008
Monetary Policy
The dollar and the world’s central banks (once again)
Macro Man is back from vacation, and I have little to add to his explanation for the dollar’s rebound. The gap between the United States economic performance and the rest of the world’s economic …
December 29, 2015
Politics and Government
Ten American Foreign Policy Influentials Who Died in 2015
As 2015 comes to a close, here are ten influential U.S. foreign policy figures who passed away this year.
July 2, 2008
Financial Markets
Read the annual report of the Bank of International Settlements
International institutions usually put out reports filled with turgid and overly-qualified prose. But not the BIS. At least not this year. The introduction and conclusion of its 78th annual rep…
February 21, 2007
Financial Markets
The size of the global carry trade (once again)
The Bank of Japan's recent rate hike doesn't seem to have dented the world's appetite for carry trades. If anything, the BoJ's signal that it won't changes rates too quickly seems to have added to t…