The cross-listing of major emerging market equity indexes is set to be unveiled with great fanfare on Friday, but in reality will likely run into the same chicken-and-egg problem that has derailed similar efforts: liquidity.
A long-haired and bearded Paul McCulley, former PIMCO portfolio manager and now managing director of the Global Interdependence Center, discusses coordination between U.S. monetary and fiscal policy. He says we need to accept that we are in a...
Tonight's train reading includes the life span of the liquidity trap, David Rosenberg explains the bulls, Stephen Colbert's standing in the GOP polls, an Apocalypse survival plan and more.
Federal Reserve Bank of Chicago President Charles Evans said further monetary stimulus is needed now to help the U.S. economy escape from a “liquidity trap.”
There is a liquidity trap that is causing the supply of savings to exceed the demand for investment even at very low interest rates, according to a speech from Chicago Fed President Charles Evans, the only Fed member who voted against a decision...
I have stumbled upon an interesting article by Paul Krugman, a Nobel laureate in economics; the article offers an explanation for the hike in gold in the last few years. Krugman, who considers himself a deflationista, i.e. a person who believes...
In previous posts I’ve described how the U.S. slipped into a liquidity trap in both 1929 and 2008. But how is it that deliberately increasing the federal deficit can help to defeat this problem? First, let’s take another look at the problem...
Charles Evans, president of the Chicago Fed, said that “in my opinion, much more policy accommodation is appropriate today.” The Financial Times reports.
SAN FRANCISCO: The Federal Reserve Bank of Chicago's president, Mr Charles Evans, said the United States is in a 'bona fide liquidity trap' and needs 'much more' monetary accommodation in the face of high unemployment and too-low inflation.
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