Monthly Archives: July 2011

What if we do not extend the debt ceiling ?

Although I think it is a very low probability, here is how things might play out if  our worst nightmare comes true and the debt ceiling is not extended for a reasonable period of time.  I think what you will … Continue reading

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Drop in Unemployment Claims

After many months we got a reading in unemployment claims which was below 400K, they came in at 398K. I think that is the main reason you are seeing a bit of a rise in the market today. As I … Continue reading

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Is the market under-estimating the craziness of our politicians

Considering the looming deadline of the debt default the market is acting pretty sanguine. I think the market is operating under the viewpoint that a voluntary debt default is so absurd that even our politicians are not capable of such … Continue reading

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Debt Limit Tool

Pretty cool tool from Bloomberg which lets you decide how you will allocate the money if we don’t extend the debt limit. Debt Limit Tool

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Republicans for Obama ?

For those of you who think the republican party has gone too much to the right, I found this little gem on the web. http://republicansforobama.org/

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A sobering view of the US economy

Peter Orszag has a very good article which offers a sobering view of the future of the US economy. It is a very well written article and it also makes a good point that the size of the budget deficit … Continue reading

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Debt Limit Myth vs Fact

Treasury has a good document clarifying things about the debt limit.  I think the document is apolitical and does layout the facts correctly. Debt Limit Myth Vs Fact I also found a poll by the Pew Research Center which had … Continue reading

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