Or, “President Obama, build up this wall!”
Countering the Manitoba Menace
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Guest Contribution: “Capital Controls in Brazil: Effective”
Today we are fortunate to present a guest contribution written by Marcos Chamon, Senior Economist in the Research Department of the International Monetary Fund, and Márcio Garcia, Associate Professor of Economics at PUC-Rio. The views expressed in this blog are solely those of the authors and do not necessarily represent the views of the IMF, its management, nor its Executive Board.
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U.S. tight oil production decline
U.S. oil production has begun to drop in response to low oil prices, but not as dramatically as many had anticipated.
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Katrina Plus Ten
Let hope our responses to the next ones are better than “Heckuva job, Brownie”.
To Log or Not to Log, Part V
The Shanghai stock market has undergone some wild gyrations over the last year… and back in 2008. Following up on To Log or Not to Log, Part IV:
To Log or Not to Log, Part IV
Do stock price indices follow a random walk? No, but log stock price indices do…kind of
On China, and Preventing the Financial Runs of August
Reasoned analysis and careful decisionmaking is required.
Governor Walker on Responding to the Chinese Economic Situation
From USAToday:
“Americans are struggling to cope with the fall in today’s markets driven in part by China’s slowing economy and the fact that they actively manipulate their economy,” the Wisconsin governor said in a statement. “Rather than honoring Chinese President Xi Jinping with an official state visit next month, President Obama should focus on holding China accountable over its increasing attempts to undermine U.S. interests.”
China’s economic slowdown
U.S. stock prices as measured by the S&P500 fell almost 7% last week. What’s going on?
Value of S&P500 index over last 3 months. Source: Google Finance.
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Projecting 2015 Acres Burned and Firefighting Expenditures
Blue Creek fire, close to Walla Walla, WA. Photo: Greg Lehman, AP. Source: Seattle Post-Intelligencer.
Reader CoRev asserts wildfire intensity has not been severe of late. I’ll just graph some data to bring reality to the interested.