A still from the art film #Blackmendream. The film features nine men, turned away from the camera and talking about their hopes and fears. Nine men sit turned away from the camera; their faces are never shown. Many are shirtless or naked. They answer questions like: When did you become a black man? Do you cry? How were ...
Cheap Oil: Too Much Of A Good Thing? The 40% drop in oil prices over the past 6 months has garnered a lot of attention recently, most of it focused on the economic stimulus lower oil prices should provide the global economy, the impact on currency and fixed-income markets and the increase in economic pain suffered by exporters such as Iran and Russia. In this article, I draw on historical data to assess the potential increase in geopolitical ...
With all the "talk" of diverging paths of monetary policy... one could be forgiven, if glancing at the chart above, for thinking the inevitable endgame of Keynesianism is very much at hand as first The BoJ, then The Fed, then Europe all enter ZIRP... and now NIRP... the source
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