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Results 551–557 of 557 found.

The ECB: No Rest for the Weary
by Carl Tannenbaum of Northern Trust, 9/7/12
The economic picture in Europe is worsening, exposing flaws in the foundation of the euro compact. The European Central Bank is trying its best, but remains hindered by its charter. European policy makers should focus on stabilizing the situation first, and seeking retribution later.

Whats A House Really Worth?
by Carl Tannenbaum of Northern Trust, 8/28/12
Despite the well-documented correction in real estate prices, our property taxes have been slow to react. My wife is on a singular mission to correct this asymmetry, collecting evidence from a variety of sources that suggest that our house is relatively worthless. Good thing we don't need a home equity loan.

Setting Up for Jackson Hole
by Carl Tannenbaum of Northern Trust, 8/23/12
I was once favored with an invitation to the Federal Reserve's annual retreat in Jackson Hole, Wyoming. It was an amazing experience; the participant list was a Who's Who of global economic policy makers. I called my mother to brag, but all she wanted to talk about was the mischief that she and my father had gotten into while honeymooning in the area some fifty years earlier. Too much information.

Citius, Altius, Fortius
by Carl Tannenbaum of Northern Trust, 8/10/12
Countries across the globe seek faster, higher, stronger growth. Central banks in the United States and Europe are both seeking new ways to stimulate economic activity. Recent news from the housing market has been encouraging, but the race to recovery is likely to be a marathon, not a sprint. Headwinds blowing from Europe and China will continue to present significant downside risks to U.S. economic growth.

FOMC Preview: Christening QE III
by Carl Tannenbaum of Northern Trust, 7/27/12
Look for the Federal Reserve to embark on a new round of quantitative easing next week.

An Excess of Reserve
by Carl Tannenbaum of Northern Trust, 7/25/12
Bank credit has expanded nicely over the past two years, yet financial institutions continue to hold substantial pools of excess reserves with the Fed. Some suggest that this extended conservatism is hindering the economic expansion, and are calling on the Fed to lower the rate it pays on excess reserves. The ECB has already taken this step. We think that a cut in the interest rate on excess reserves is unlikely.

Peaks and Valleys
by Carl Tannenbaum of Northern Trust, 7/18/12
Second quarter economic activity disappointed on many fronts. The drama in Europe has taken its toll on exports, markets, and confidence. The 2012 election is starting to take shape, amid the approach of a huge fiscal "cliff" at the national and local level. The negativity and uncertainty which often surround Presidential campaigns may hinder economic and market performance. This months special focus is on the Fed's recent Survey of Consumer Finances, and what it means for our economy.
Results 551–557 of 557 found.