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Day: August 25, 2021

Cost-Benefit Analysis In A Failing Economic System

Cost-Benefit Analysis In A Failing Economic System

August 25, 2021September 11, 20216 min read

“This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners,” read the standard disclaimer, at the bottom

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9 Comments on Cost-Benefit Analysis In A Failing Economic System
Pain. Or The Avoidance Thereof

Pain. Or The Avoidance Thereof

August 25, 2021August 26, 20215 min read

Virtually no one that I’m aware of believes the Delta variant or associated weakness in US economic indicators will do much to alter the Fed’s

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1 Comment on Pain. Or The Avoidance Thereof
The Price Of Peace

The Price Of Peace

August 25, 2021August 26, 20213 min read

“Summer melt-up continues,” read one headline, on a sleepy Wednesday afternoon. I don’t know, maybe it wasn’t sleepy everywhere. Bonds were somewhat lively, especially for

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5 Comments on The Price Of Peace
‘Clouded Over Again’

‘Clouded Over Again’

August 25, 2021August 26, 20214 min read

A furious rebound in beleaguered Chinese tech behemoths stalled after just two days, while global markets entered a holding pattern ahead of Jerome Powell’s virtual

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