We’re Gonna Need More Doves

By |2019-05-16T18:40:41-04:00May 16th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Maybe central bankers are just tired of being alone. In December 2008, for example, the FOMC members were practically celebrating how the NBER finally called recession an entire year after its start. Misery does love company, especially when you botch things that badly. On Tuesday, KC Fed President Esther George admitted she and her fellow [...]

Broken Record

By |2019-03-06T15:56:39-05:00March 6th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The OECD has become the latest mainstream Economist outfit to relent on growth. Two years ago, they had grown cautiously optimistic as reflation appeared in the back half of 2016. By the middle of 2017, positively giddy barely able to contain their increasingly rabid excitement: The global economy is now growing at its fastest pace [...]

Corporate Tax Rates By Country – OECD

By |2009-01-29T16:46:29-05:00January 29th, 2009|Markets|

The Organization for Economic Co-operation and Development (OECD) is an international organization of 30 countries that accept the principles of a free-market economy. Most OECD members are high-income economies and are regarded as developed countries. The organization publishes research and statistics on a wide variety of subjects, including analysis and forecasts on economic developments and trends, research on social changes [...]