Economy bloggers praised Ben Bernanke's speech Monday for being unapologetic in laying out the Federal Reserve's short-term objectives to lower unemployment, Brown writes. The speech is worth the read for anyone interested in Bernanke's views on monetary policy, Brown writes.
When looking at gold you can be an expert in the fairy tale aspect or accept the fact that it is the ultimate Greater Fool trade, for better or for worse. With levels reading 1500 an ounce, at least one analyst thinks the hallowed metal may be flirting with breaking under.
FRED charts have exploded all over the financial blogosphere. The site is easy to use and addictive if you're a data hound or a market nerd.
Robert Rubin and Paul O'Neil don't want a second stimulus but do want to keep the Bush tax cuts, which are a stimulus.