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Showing posts from April, 2017

Great Recession: Coppola's In Betweeners and Central Banks

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This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/global-markets/great-recession-coppolas-in-betweeners-and-central-banks?post=116100&uid=4798


Frances Coppola is a blogger and economist in the UK. She has some great insights. She has made comments that monetary policy has not been really successful. In fact, she takes UK central banker, Mark Carney, to task over the defense of monetary policy in the United Kingdom.

While Carney and the UK government made mistakes, compared to other central banks it did better. Carney defends the Bank of England by saying:

"Simulations using the Bank’s main forecasting model suggest that the Bank’s monetary policy measures raised the level of GDP by around 8% relative to trend and lowered unemployment by 4 percentage points at their peak. Without this action, real wages would have been 8% lower, or around £2,000 per worker per year, and 1.5 million more people would have been out of work." It is pre…

Anxiety Over Donald Trump Is Palpable In Main Stream Media

This non vetted personal blog article was published to by me on Talkmarkets: http://www.talkmarkets.com/contributor/gary-anderson/blog/energy/anxiety-over-donald-trump-is-palpable-in-main-stream-media?post=115999&uid=4798


Anxiety over Donald Trump as president is palpable in the main stream media. I believe there are legitimate and illegitimate reasons for this anxiety. And certainly the MSM is not the only place where anxiety is found. I believe many citizens have it simply because they cannot quite get their heads around what to expect from Donald Trump.

This anxiety could ultimately affect the stock market, and cause people to flee to bonds for safety.

But I have been reading article after article about the Russian hacking of the US election. It has become an avalanche of articles. Now, let's be clear, the Russians did not hack voting machines according to the FBI, and reported by USA Today. But the articles are trying to link Trump to directly knowing what the Russians we…

Gary Anderson's Talkmarkets Articles by Subject

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Join Talkmarkets for Financial Information. It is free! https://goo.gl/QZff5Y

I have written a lot of vetted articles that are exclusive** to Talkmarkets. Sorting a portion of them by subject will give the reader an opportunity to make sense of it all. I am adding a glossary of terms at the bottom of this page.

For readers interested in economic subjects of the day, these top 30 themes are my efforts to make understanding economics easier:

1. Housing and AI Bubble Causes:
Fed Premeditated Mispricing of Risk in Housing, Oil, Junk Bonds and Other Markets 

The Great Artificial Intelligence Bubble and Scam

2. Great Recession causes:
The Federal Reserve Knew LIBOR Was Exploding in 2007 and Did Nothing
LIBOR Destroyed Subprime, But the Fed Deepened the Great Recession
Proof the Federal Reserve Was Responsible for the Housing Bubble and Crash
3. Tracking a Potential New Housing Bubble:
How to Track the Trump Housing Bubble

This Is What Jamie Dimon Wants for Housing

4. History of Hoarding the New Gold (Tr…

Retail Tantrums Are a Clever Attack on Minimum Wage growth

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This non vetted article was published to my personal blog on Talkmarkets: http://www.talkmarkets.com/contributor/gary-anderson/blog/bonds/retail-tantrums-are-a-clever-attack-on-minimum-wage-growth?post=115887&uid=4798


We have seen oil tantrum in 2013 and in 2016 push the yields of 10 year treasury bonds higher. Well, there are retail tantrums now taking center stage. The retail tantrums are a clever attack on minimum wage growth. But some people are wising up to these tantrums. If people want their businesses and their jobs to survive, they need to keep pushing for a reasonable wage, which puts money into peoples' pockets. Spreading prosperity to labor will come back to help the capitalists.

[Nick Hanauer's Ted presentation is shown at the end of this article, and is a sobering look at where we are in the dance between capitalism and labor.]

Consider the attacks on minimum wage improvements from contributors to large financial websites.
Article after article speaks about …

Trump Cannot Easily Fix Rural America: Here's Why

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This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/economics--politics/trump-cannot-easily-fix-rural-america-heres-why?post=115383&uid=4798

Donald Trump campaigned on being able to give hope to rural America. But his task is monumental. I grew up in rural America, in the oil patch. As fields diminish production, the rural industry impacts the areas for years. Oil was a lucrative business for small towns in central California, but in Coalinga, California, the fields are facing depletion.

The petroleum industry was declining in Coalinga when oil prices were high. Now they are in decline as prices have declined. Coalinga had options, and prisons and a mental health hospital keep the town going. However, in other towns, such as those involved in logging, towns in Northern California, Oregon and Washington, there were few options for replacing the logging industry that moved offshore.



And of course, that is the problem with much of rural America,…

Trump's Carrier Deal, Banks,Technology and Freedom

This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/global-markets/trumps-carrier-deal-bankstechnology-and-freedom?post=114631&uid=4798

Donald Trump's Carrier Air Conditioner deal, which leaves jobs in Indiana instead of offshoring them was certainly a bold move. I am very happy for the folks who kept their jobs. It is important to think about this from an economic perspective. I don't like pendulums, but rather an even handed approach to these issues.

Looking at this issue as an economic issue we can see two issues that should be considered.

On the one hand, a competitive world has its advantages. If nations can produce things cheaper, we can buy them more cheaply.

It would do no good for America if Carrier Air Conditioning would be forced to overcharge for air conditioners, simply because it is forced to stay in the USA.

On the other hand, one has to wonder how many companies leave America based upon greed rather than upon sound econo…