EBB AND FLOW / CREDIT BUBBLE BULLETIN

Ebb and Flow  Doug Nolan The U.S. economy created 943,000 jobs in July.  With upward revisions, there were 938,000 jobs added in June and 61...

PUSHING BACK: JOE BIDEN IS DETERMINED THAT CHINA SHOULD NOT DISPLACE AMERICA / THE ECONOMIST

Pushing back Joe Biden is determined that China should not displace America His China policy is looking even tougher than Donald Trump’s Ame...

THE OTHER KIND OF FED MISTAKE / THE FINANCIAL TIMES

The other kind of mistake Robert Armstrong You just can’t please everyone.  There is an emerging consensus, as I wrote on Thursday, that the...

INFLATION? NOT IN JAPAN. AND THAT COULD HOLD A WARNING FOR THE U.S. / THE NEW YORK TIMES

Inflation? Not in Japan. And That Could Hold a Warning for the U.S. If the United States’ bout of rising prices soon eases, its economy coul...