Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?
Investors have fixated on the rise in Treasury yields. Perhaps they should worry more about what the Fed’s rate increases are doing to mortgage rates.
Read more...Category Archives: Economic fundamentals
Marx and Modern Microeconomics
Marx gets some long-overdue credit.
Read more...Bill Mitchell: QE Failed in Japan
A short and devastating proof that QE was a bust in Japan.
Read more...Hoisted from E-Mail: Brexit, Security, and the UK’s Coming Poodledom
Adding to the tally of how the UK will come out a loser thanks to Brexit.
Read more...China Warns Australia Against Being a Democracy
China throws its weight around even more casually than the US does, achieving the difficult task of making Trump look not so bad.
Read more...The Hudson Report: Does Trump Know Anything About Trade?
Michael Hudson discusses Trump’s trade row with China.
Read more...How Different Are Trump’s Tariffs?
Trump’s tariffs and trade belligerence are less of a departure from recent US behavior than you might think.
Read more...Trade War or Not, China Risks a ‘Minsky Moment’
How China’s officials are trying to protect the county’s economic glass jaw.
Read more...Economists’ Dubious Relationship with Trade Policy: Comparative Advantage is a System that Works for the Wealthy
The great unwashed public has good reason to doubt what economists say about trade.
Read more...Millennials Are Waiting For The End Of Capitalism
Not surprisingly, Millennials are not in very good financial shape…..
Read more...Why Not to Expect Much from US Trade Talks With China
Why the Trump trade threats towards China aren’t likely to be terribly productive.
Read more...The Decline in Quality of Manufacturing Entrepreneurship in the US
Yes, Virginia, US manufacturing is going downhill at the bottom of the food chain as well as from the top.
Read more...The Euro Area’s Deepening Political Divide
The Euro is creating new fault lines. Eurozone leaders need to give greater priority to national interests, particularly of economic “losers”.
Read more...Mr. Market Has a Hissy Fit Over Trump’s “Coming Soon” China Tariffs
How much of the upset over Trump’s planned China tariffs is warranted?
Read more...Germany’s Pivot From Russian Gas Will Be Costly
Why Germany’s plans to hurt Russia via its gas exports may not go all that far.
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