Keynesian purists are all clutching their foreheads, but actually it’s pretty fabulous that Australia’s politicians are competing with each other to promise budget surpluses.
Ben Bernanke
Maley: a Greek writedown chain reaction?
Global equity markets have enjoyed the best start to the year since 1994, but their euphoric mood is about to be sorely tested.
Maley: Bernanke holds a housing ace
Investors face a nervous few months as they try to work out when US central bank boss Ben Bernanke will play his last remaining trump card — buying up long-term mortgage bonds in an effort to revive the ailing US housing market.
The deep cracks on Wall Street
What should we make of the Occupy Wall Street protest movement that started three weeks ago in a New York park? asks Karen Maley.
Gottliebsen: will the US bank crisis reignite?
If Bank of America shares keep falling, then we are facing a very dangerous situation, especially as it will multiply the problems of the European banks, writes Robert Gottliebsen.
Hang on and hope for China
While many local managers went the knee-jerk sell-off early last week, they will have ample reason today to cash up and sit on the sidelines.
No reason or evidence will cure US of its debt fetish
If the United States Congress refuses to raise the government’s $14.3 trillion debt ceiling by August 2, the Obama administration will be forced to put American finances on a more stable path, writes Adam Creighton.
Bartholomeusz: sucked into a commodities vacuum
The wobbles in commodity markets in recent weeks may well be related to the imminent end of the US Federal Reserve’s $US600 billion QE2 quantitative easing program.
US economy: Grant a mentor-in-waiting for Bernanke
Jim Grant, author of Grant’s Interest Rate Observer, is one of the world’s best economic forecasters. When it speaks about global markets, and tells Ben Bernanke to resign, it might be worth a listen.
The Greenspan Putsch and the GFC
There is a cast of villains that led to the near-collapse of the global banking system, writes John Addis, founder of the Intelligent Investor.
Maley: are we heading for a post-QE2 collapse?
Are we about to see a collapse in global share and commodity prices as QE2 draws to a close? asks Karen Maley, of Business Spectator.
Bartholomeusz: has the silver bubble burst?
Was that sharp crack in the silver price yesterday the sound of an asset bubble bursting or just a necessary correction to a metal that has had a remarkable run?
Don’t cheer the dollar — cheap holidays will come at a cost
Media and business commentators continue their infatuation with the unstoppable rise of the Australian dollar.
Maley: Bernanke’s big bond bet for US markets
The US sharemarket surged to its highest level since mid-2008 overnight, clearly showing that investors had no fear of what US central bank boss Ben Bernanke might say at his historic press conference later today. Karen Maley of Business Spectator reports.
Your Say: Daily Mail readers' feedback: It’s not Ben Bernanke’s fault
Crikey readers have their say.
Bernanke printing money … now there’s food for thought
Perhaps Ben Bernanke isn’t as stupid as he seems and realises that his monetary stance is causing destruction but believes that protecting banks and maintaining an image of US solvency is more important than affordable food.
Maley: a frightening replay of 2007
Surging global equity prices, junk bond yields at record lows, the return of “covenant-lite” deals — for many observers we’re seeing a replay of the heady first months of 2007, writes Karen Maley, of Business Spectator.
Commodity price blame: it’s not our fault, says Bernanke
As food and energy prices continue to soar, the damaging game of blame and counter-blame between the US and the developing world continues, with neither side prepared to admit that their policies are contributing to the commodity price surge, writes Business Spectator’s Karen Maley.
Kohler: the cost of our surplus obsession
The Australian Prime Minister is too worried about the fiscal balance and the US President is not worried enough.
Maley: China’s risky rates gamble
There is now clear evidence that their reluctance to tighten monetary policy means that Chinese companies and consumers are changing their behaviour in the expectation of price rises, writes Karen Maley of Business Spectator.
Ben Bernanke’s greatest gamble
Financial markets may be cheering on US Fed Reserve boss Ben Bernanke as he gets set to unleash a fresh round of monetary stimulus, but some are worried that his actions will further jeopardise the reputation of the US central bank, along with its future independence, writes Karen Maley of Business Spectator.
Warning to the White House: address budget deficit or face disaster
US Federal Reserve Chairman Ben Bernanke has added to an ever-growing list of doomsday predictions about the future of the US economy, arguing that the White House must urgently address budget deficit and in particular public finances, reports Luca Di Leo.
Kohler: can anything stop US deflation?
The US Fed has dramatically changed its language: it now says inflation is too low. No wonder the Federal Open Market Committee’s hand wringing has become more urgent, more fretful.
The Bank of Japan is firing blanks
Analysts were quick to point out that the Bank of Japan’s measure to allow domestic financial institutions even more money from the central bank at extremely low rates would do little to boost Japanese growth.
A square Fed in a round Hole
US Federal Reserve boss Ben Bernanke will choose his words very carefully in his opening address to the Fed’s annual meeting, writes Karen Maley of Business Spectator
