The Deal
Sunday, November 22, 
2:41 am

Entries tagged "inflation"

Australian interest rate move missive

Australia became the first G-20 country to raise interest rates. But if many economists and analysts are to be believed, the Aussies have just shot themselves in the foot.


Disco-ing to 'The Greenback Effect'

Warren Buffett's New York Times op-ed 'The Greenback Effect' says the economy could return to the days of disco and we could be singing, 'Sad Songs.'


Chewing on Bernanke's words

Federal Reserve Chairman Ben Bernanke tells Congress not to worry about inflation, but a look back on restaurant prices in New York suggests otherwise.


Examining Krugman's inconsistencies

The Nobel laureate economist Paul Krugman continues to criticize Republicans for not giving Obama policies enough time while he argues it is time for new policies.


China's dollar worries increase

A Chinese official Tuesday advocated the dollar be replaced as the international reserve currency.


Ben Bernanke plots an inflation-free exit strategy

With the Federal Reserve's balance sheet growing fast, Chairman Ben Bernanke has been accused of basically printing up money to throw at the financial crisis that will come back to bite the U.S. in the form of future inflation. But let it not be said that the country's most high-profile economist hasn't considered that eventuality as well....


Deal Stocks, broader market bullish on positive economic news

It doesn't take much to lift the stock market these days as investors latch on to any sign of an economic turnaround amid rising fuel costs, food price inflation and escalating home foreclosures. Wednesday was no exception, with the Dow Jones Industrial Average gaining 66.20 points, to close at 12,898.38, following a Labor Department report that consumer prices for April advanced 0.2% after a 0.3% March rise, alleviating fears of a significant up-tick in prices on energy costs. Fuel cost concerns were also tempered, at least for the day, as light sweet crude oil fell from record levels by $1.58...


Feeding at the trough

Ethanol subsidies helps drive up the price of food. But will that prompt a move to - gasp - cut the program?



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Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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