Archive for September 29th, 2009

Deficit Financing: Planning Ahead

Donald Maron has a great post on Treasury securities and the current maturity schedule. It’s short and too the point. Bottom line, the Treasury has been financing the current deficit with short dated securities which makes good sense but sooner or later you have to lengthen them as rates rise. Maron has a good suggestion [...]

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Paul Volcker Sounds Off

Thank God we still have Paul Volcker out there throwing out a few straight comments from time to time. In an era when the likes of Tim Geithner can speak volumes and put themselves on record on both sides of every issue, it’s refreshing to see the great man speak his mind. Today, some comments [...]

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Case-Shiller, FHA And Home Prices

I’ll jump back into posting with a few thoughts on housing. First, Case-Shiller as out with its July home price survey. It followed the trend of improving prices established over the last couple of months. Nationwide prices were up 1.6% and the number of cities showing price declines dwindled to just two. Here are the [...]

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Back To Blogging

Well I’m back–sort of. Posting will resume albeit in a slightly different manner. Let me explain. Early this month two unmomentous events occurred. One, I found myself seriously broke and two I came to the conclusion that despite increasing readership and syndication of my posts, I was writing a lot of serious crap. I was [...]

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