Monday, October 28, 2013

Phisix: ASEAN Equity Markets Continue to Lag

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It has been a curiosity for me to see ASEAN equity markets, with the exception of Malaysia, fail to rev up along with high octane US and so...
Sunday, October 27, 2013

Amidst Hyperinflation, Venezuelan Government Decrees a ‘Happiness’ Ministry

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In Venezuela, “happiness” will now be imposed by fiat. The Venezuelan government has announced a new bureaucracy called the Vice Minist...
Saturday, October 26, 2013

More Statistical Hocus Focus in EU, Emerging Asia and Japan?

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Have governments been desperate enough to resort to statistical trickery to boost up economic growth or downplay risks?  Europe’s data ...
Friday, October 25, 2013

Quote of the Day: Law is the unconscious creation of society

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Law is not a body of commands imposed upon society from without, either by an individual sovereign or superior, or by a sovereign body con...

PBoC Tapers: China’s Interest Rate Markets Under Pressure

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The consensus has basically downplayed almost all forms of risks in the face of a US inspired global stock market melt UP . Yet the res...
Thursday, October 24, 2013

Humor: Krugman teaches Gilligan the broken window (fallacy)

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(source: Austrian economist Bob Murphy )  !

Quote of the Day: Economics isn’t, and will never be, a science

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I wonder how Chetty would use those tools to provide compelling answers to the following questions: 1. What is the expected rate of ec...

Saudi Arabia Cuts Ties with the US over Syria-Iran

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After the US government has been forced by the public, aided by Russian President Vladmir Putin’s appeal , to stand down against attacking ...

Taper Poker Bluff Called: Global Central Banks Back on an Easing Spree

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The so-called “tapering” has all been a poker bluff .  And that bluff has been called as global central banks take on an increasingly dovis...