« Tigers, tortoises and textbooks | Main | Yuan float - questions unresolved »

Thursday, July 20, 2006



"If the testimony was indeed consistent with last FOMC statement, why did markets surge yesterday? My interpretation of events is that market participants, like myself, were mentally geared for a more hawkish Ben, and instead the Gentle Ben of the last FOMC statement sauntered up to the stage."

Gotcha, didn't he?

Equity markets have a VERY positive influence on the "feel good" factor (FDF). The FDF prompts spending, since when portfolio values rise people think less wearily about a sunshine vacation in St. Tropez.

As a resident of France, therefore, I want to commend Ben for his showmanship. (We're having not such a good tourist year, here.) But, it was that, wasn't it - just showmanship?

He borrowed a leaf from Greenspan's book, which he probably has not put down since he first arrived at the Fed. It contains a simple lesson - pay attention to the FDF!

The US used to go through "boom and bust" cycles. Now it is undergoing a "boom and slow-leak" cycle. Growth is not firmly re-established; whilst profits are good (meaning corporate investment is there to support demand). All it needs is for consumer spending to find another venue other than real estate within which to sustain itself.


respected sir,

I completely read ur articles sir. i am M.COM. student of holy cross college in trichy, state of tamilnadu . sir i request to want one information that is role or function of managerial economist in ur concern. please did not ommit my request sir.
thank u sir,


"sir i request to want one information that is role or function of managerial economist in ur concern."

If you mean a corporate economist, then it depends very much on the company.

Macroeconomic forecasts are abundant. But specific studies are typically of interest in a corporate context.

Let me give you an example. I began working with a large computer company right out of university. They asked me to forecast the pricing of semiconductor quality silicon to determine input manufacturing costs, as this level of quality was becoming increasingly rare due to heavy demand.

This is typical of the sort of analysis corporate economists are called to do. (IMHO) They are related tightly to corporate business objectives.

Hope this helps.


istanbul hotel gryphus hotelles thanks This article is very beautiful, I really get very beyendım text files manually to your health as you travesti very beautiful and I wish you continued success with all respect ..

Thanks for helpful information travesti siteleri you catch up us with your sagol instructional çok explanation.
en iyi travestiler en guzel travesti

travesti forum
istanbul travestileri
ankara travestileri
izmir travestileri
travesti siteleri
travesti video
travesti sex
travesti porno
güncel blog
turkce mirc
sesli chat

air jordans

I hope you all have a blessed day




Çilek sex shop Mağzamızda En Kaliteli sex ürünleri, sex oyuncakları şişme bebek ve erotic shop erotik giyim Ürünlerini Bulabileceğiniz Gibi Ayrıca, penis büyütücü, geciktirici, Bayan Uyarıcı, Ürünlerde Temin Edebilirsiniz. 1994 ten Bu Yana En Kaliteli Orjinal Erotik Ürünlerini Sağlamakta Olan Çilek Erotik Shop ta Tüm Cinsel Ürünleri Bulabilirsiniz


I am thoroughly convinced in this said post. I am currently searching for ways in which I could enhance my knowledge in this said topic you have posted here. It does help me a lot knowing that you have shared this information here freely. I love the way the people here interact and shared their opinions too. I would love to track your future posts pertaining to the said topic we are able to read.

The comments to this entry are closed.


  • TEST

  • Subscribe in NewsGator Online

Economist Weblogs


  • This is a personal web site, produced in my own time and solely reflecting my personal opinions. Statements on this site do not represent the views or policies of my employer, past or present, or any other organisation with which I may be affiliated. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.