Posted by: Tom Keene on September 1, 2010
A new name. Rong Qian, of the University of Maryland, launches a must-read essay with Reinhart & Rogoff. She suggests that mission accomplished is as silly in economics as it is in war. Short, sharp and with a way cool chart. Go Terrapins.
It’s Radio’s Fault
It’s Chart September
EURCHF INDEX OVDV
Ken Prewitt can barely contain himself. August was math-free and we do equations when there is snow on the ground but autumn means charts of all types. Here’s EUR-CHF shown as a “surface.” Summary: There is a modest one-way bet on the Swiss franc to strengthen. That’s the green peak over to the right, with the redder area being the “bet” on a stronger euro. Out past six months or so in the future the symmetric “smile” becomes a decided “smirk” of certitude. The Swiss National Bank is not smiling.
Here’s our Robert Hutton on the new Tony Blair doorstop. Anthony Seldon has done good work here. We thank him for his appearances on BOTE. This is the killer one-volume on Churchill. Somehow saying Churchill rings different than Blair. Will we say Cameron?
Johnny Damon, Detroit, Michigan
I hate Ken. I like Dan Shaughnessy. Ken pointed out Dan pointing out it’s September. Wait ‘til next year.