“The reality is that unconventional monetary policy is difficult, perceived as risky, and never pursued with the vigor of conventional monetary policy.” --Paul Krugman, NYT, March 17, 2010 "Reducing policy interest rates to the zero bound fails to stimulate credit supply and demand in a ‘balance sheet recession’ in which the private sector is deleveraging." --Adair Turner, 20 May, 2013
Pages
About Me
- Christopher T. Mahoney
- Wellsville, Pennsylvania, United States
- FOLLOW ME ON TWITTER: @christophermah3 I retired from Moody's in 2007 after 30 years on Wall Street. My core expertise and experience is in the analysis of banks and sovereigns, with a "minor" in corporate credit. I am a student of the markets with a generally libertarian bent except with respect to financial regulation where I am a hawk, and monetary policy, where I am a dove. I am an adherent of the school of Market Monetarism. I consider myself to be an expert on the subject of "too big to fail". DISCLAIMER: Blog content. All the contents of the Blog, except for comments, constitute the opinion of the Author, and the Author alone. The Author is not an investment advisor, and you should never substitute information from this Blog for information obtained from an SEC licensed investment advisor. Do not take my views as investment advice. The content of this Blog is not intended to cause harm, but if you have any concerns about the contents of this Blog, please contact me at mahoneyct@gmail.com. Disagreeing with the content of the Blog does not constitute sufficient ground for you to ask the author to remove or modify any parts of this Blog.
Links
- A Fistful of Euros: European Opinion
- Ambrose Evans-Pritchard (Telegraph)
- Arnold Kling
- Arnold Kling
- Aswath Damodaran on the ERP
- Aswath Damodaran's blog
- Aswath Damodaran's website
- Atlanta Fed
- Atlanta Fed research dept.
- Atlantic Sentinel
- Australian Ministry of Cultural Affairs
- BIS on Target2
- Bank of Greece: monetary aggregates
- Bank of Japan: key charts at a glance
- Banktracker (FDIC data)
- Barnejek's Blog
- Barry Eichengreen (monetary historian)
- Basel Committee
- Best of Jim (equity valuation)
- Bill Barnett: alternative monetary aggregates
- Bill McBride's Graph Gallery
- Bill McBride: Calculated Risk (housing data)
- Billy Mitchell
- BoJ: Monetary Policy Statement
- BofE: BankStats
- Bundesbank
- Business Insider
- CEPR: VoxEU
- California Banking
- California Politics
- Center for Financial Stability
- Chicago Fed: speeches
- CityWire (UK)
- Cleveland Fed Economics Dept.
- Cleveland Fed: Inflation Central
- Coppola Comment
- Credit Slips
- Credit Suisse: The Financialist
- Credit Writedowns
- Cullen Roche (MMT)
- Currency composition of FX reserves
- Cyniconomics
- Cyprus monetary data
- Damodaran ERP data
- Damodaran's blog
- Damodaran's definitive ERP paper
- Daniel Gros, CEPS
- Daniel Gros, VoxEU
- Dareconomics
- David Beckworth (market monetarist)
- David Glasner: Uneasy Money (market monetarist)
- Doug Elmendorf: CBO Director's Blog
- Doug Short
- Dow history chart
- ECB Monthly Bulletin
- ECB homepage
- ECB: Cyprus data
- ECB: Monetary Stats Monthly
- ECB: data warehouse
- EconomicPic Data
- Edmund Conway: The Real Economy (UK economist)
- Equity Indices
- Equity Return Calculator
- Equity Risk Premium Quarterly
- Erckson China Blog
- Eric Falkenstein
- Eurocrisis Monitor (IEER/Osnabruck)
- Eurointelligence
- Euromoney
- Euronomist
- European Stability Mechanism
- Eurozone credit growth
- Eurozone domestic credit
- Eurozone domestic credit data
- Evan Soltas (market economist prodigy)
- FOMC homepage
- FOMC: Policy Strategy Statement
- FRB: Bank asset quality data
- FRB: Flow of Funds (Z.1)
- FRB: Speeches
- FRED blog
- FRED blog
- FT: Alphaville
- FT: Monetary blogger taxonomy
- FT: Money Supply
- Fear/Greed index
- Fed news
- Fed's weekly balance sheet (H.4.1)
- Federal Reserve Archive (FRASER)
- Federal Reserve Economic Data (FRED)
- Felix Salmon
- Felix Salmon (Reuters)
- Fernando Duarte, NY Fed
- Financial Sense
- Gender equality
- German financial market stabilization authority
- German news in English
- Global rates
- Glossary of economics
- Greg Mankiw
- Hans-Werner Sinn: CES Munich (German hawk)
- Haver Analytics
- Hedge Eye
- Household credit growth
- IMF Country Reports
- IMF: Currency composition of international reserves
- Inflation Expectations
- Irving Fisher: compensated dollar plan
- Izabella Kaminska (FT)
- James Hamilton: Econbrowser
- James Picerno: Capital Spectator
- Jay Carney, WH spox
- Jeremy Warner (Telegraph)
- Jim Grant: Grant's Interest Rate Observer (hawk)
- Jim's Blog (equities)
- Joe Leider
- John Cochrane (Chicago Booth School)
- John Hussman--permabear
- John Mauldin: Thoughts From The Frontline (Dallas School, hawk)
- Josh Hendrickson: The Everyday Economist (market monetarist)
- Julien Noizet (BNYMellon)
- Julien Noizet: Spontaneous Finance
- Julien Noizet: Spontaneous Finance
- Justin Irving: Economic Sophisms
- Karel van Wolferen (japanist)
- Kevin O'Rourke: The Irish Economy
- LSE: The eurocrisis in the press
- Lars Christensen: The Market Monetarist
- Laurence Ball (market monetarist)
- Lowy: The view from Oz
- Mainly Macro (UK)
- Major indexes, yields and PEs
- Marcus Nunes (market monetarist)
- Mark Thoma (UOregon)
- Market Daily Briefing: credit data
- Matt Yglesias: MoneyBox (lefty market monetarist)
- Michael Woodford (market monetarist)
- Michael Woodford, Columbia
- Midterm election forecasts (WaPo)
- Miles Kimball: Supply Side Liberal (market monetarist)
- Minsky Cycle
- Minsky Index
- Mish Shedlock: Economic Trend Analysis
- MoF: Japan's Fiscal Condition
- Moody's Investors Service
- My blog on Seeking Alpha
- My page on Project Syndicate
- My page on Seeking Alpha
- NY Fed Economics Dept.
- NY Fed economics blog
- NY Fed paper on the equity risk premium
- Naked Capitalism
- Noahpinion
- Nouriel Roubini: Economonitor (lefist economist)
- Obama's other website
- Obama's third website
- Obama's website
- Obamacare for the literate
- Obamacare, for those who are interested
- Oil price
- P/E data
- Pater Tenebrarum: Acting Man
- Paul Krugman
- Paul Sheard: S&P's chief economist
- Philosophical Economics (equity valuation)
- Project Syndicate
- Puerto Rico blog: John Mudd
- Quartz
- Raging Bullshit: Spanish blogger
- Real Clear Markets
- Real-World Economics Review
- Reddit Maps
- Ritholtz Wealth Mgt
- Roger Bootle (Telegraph)
- Ronald McKinnon (monetary economist)
- S&P 500 data
- S&P on QE
- SNP: Scotland's Future
- Scott Grannis
- Scott Grannis: equity strategist
- Scott Sumner (market monetarist): The Money Illusion
- Scott Sumner: Short Into Course on Money
- Seeking Alpha: Macro View
- Shadow FOMC
- Shadowstats: alternative monetary aggregates
- Sober Look (EZ)
- Sound Money Project
- Spiegel in English
- St Louis Fed: Monetary Trends (monthly)
- St. Louis Fed: EDIRC
- St. Louis Fed: Research homepage
- Steve Keen's Manifesto
- Steven Keen's DebtWatch
- Super equity guru!
- Swiss monetary website
- Taki
- Target2 explained (CEPR)
- Taylor Rule Calculator
- Ted Kavadas
- Telegraph Financial Blogs
- The American Interest
- The Bear Case, by John Mauldin (Dallas pundit)
- The China File
- The Economists' View
- The Spectator: Tory Thought
- The Troubled Currencies Project
- Tim Duy's Fedwatch
- Trading Economics: Country Data
- Tyler Cowen: Marginal Revolution
- Tyler Durden: Zero Hedge
- US Treasury Monthly Statement
- US Treasury: Monthly Statement
- Venezualan news
- Venezuelan resistance
- Vladimir Putin's blog
- Vladimir Putin's ministry of foreign affairs
- Vladimir Putin's news service
- Vladimir Putin's propaganda site
- VoxEU
- VoxEU: monetary policy
- Vuk Vukovic: Don't Worry, I'm An Economist!
- WSJ: Central Bank Watch
- WSJ: Eurocrisis blog
- WSJ: Real time economics
- WaPo ElectionLab: 2014 forecasts
- Warren Mosler: Mosler Economics
- White House photostream
- Wiki: Market Monetarism
- Wolf Richter: The Testosterone Pit
- Yardeni
- Yields: stocks vs bonds
Followers
Blog Archive
-
▼
2012
(93)
-
▼
September
(13)
- Central Banks Are Too Busy To Buy Bonds
- Europe Is Holding A Bake Sale For Greece
- Spain Remains A Basket Case
- There Is No Such Thing As Conservative Monetary Po...
- A Brief Introduction To German Constitutional Law
- Bernanke Hits It Out Of The Park
- Looking For Black Swans In The Eurozone's Infirmary
- No title
- Pathology Of The Eurozone Crisis
- The Differences Between the Eurozone and the Dolla...
- The ECB May Yet Save Europe!
- Expect Little From The ECB on Thursday
- Next Week's FOMC: Another Bowl Of Peanuts
-
▼
September
(13)
No comments:
Post a Comment