Archives: August 2011

Ask Allen Sinai

Posted by: Tom Keene on August 30

"...to build defenses against the risk of falling into deflation and stagnation, central banks should look beyond bond-buying programs, and instead target a growth rate of nominal economic output. This...

Our Anxious Cone of Uncertainty

Posted by: Tom Keene on August 30

The cone represents the probable track of the center of a tropical cyclone, and is formed by enclosing the area swept out by a set of circles (not shown) along...

It is Not 1948

Posted by: Tom Keene on August 25

With cumulative deficits during that decade of nearly $8.5 trillion, debt held by the public would reach 82 percent of GDP by the end of 2021, higher than in any...

Mineral, Virginia

Posted by: Tom Keene on August 24

The USGS database shows that there is a 1.318% chance of a major earthquake within 50 kilometers of Dillon, South Carolina within the next 50 years. The largest earthquake within...

If They Choose to Pay Enough for It

Posted by: Tom Keene on August 23

The effect is seen constantly. We are asked to lend, and do lend, vast sums, which it would be impossible to obtain elsewhere. It is sometimes said that any foreign...

We Need a Thunderstorm

Posted by: Tom Keene on August 22

In 2007-2008, the sins of the bankers were visited on the politicians; now the reverse is true. Perhaps there is a difference: the bankers' sins were sins of commission, while...

Grow Up; Learn Spreads

Posted by: Tom Keene on August 18

It should all be so simple. It is not. Equities are simple. Bonds, notes and bills are...more complex. (Attention: all bond snobs, please understand 3- and 5-ratio Dupont analysis before...

A Less-Europe Europe

Posted by: Tom Keene on August 17

"After some considerable volatility, a smaller and more robust currency union will emerge; and, importantly, Europe will avoid the euro's demise and a total breakdown of the eurozone." Mohamed A....

Marginal Rubbish

Posted by: Tom Keene on August 11

Societe Generale SA Chief Executive Officer Frederic Oudea defended the lender and said speculation that France's creditworthiness is in doubt is "absolute rubbish." Jacqueline Simmons, reporting for Bloomberg News, Paris...

Should I Stay or Should I Go?

Posted by: Tom Keene on August 09

If you liked it at $99, you'll love it at $67. That would be John Deere & Company. Okay, it's Deere and Company if you were not forced to digest...

Politicians with No Toolkit

Posted by: Tom Keene on August 05

So, there I was, edge-of-charred into hour 11 of 14. I beckoned PShop Musial Newhouse to moi Bloomberg. We gazed at three of four artful screens. One was of Bank...

Pages 1-40 and Agree

Posted by: Tom Keene on August 04

Clarity is the first word of Flying on One Engine, my book from an eon ago, an eon known as pre-crisisolithic. (Memo: David Goldman was way, way out front. Bill...