What a suprise a new bubble is growing. According to a German Magazine the prices for land are soaring. Within just a few years a hectare has seen an increase in price from 5000 USD to 30000 USD. That's a raise or 600 % and you can bet this is the next bubble. Fueled and fired by the ever expanding...
Please, click here to read this article in pdf format: march-2-2010 We will be brief today, for nothing of macroeconomic consequence has taken place in the past 24hrs. The action that caught our attention yesterday was in the foreign exchange market (the market that never lies). In particular, we refer...
Posted to
A View from the Trenches
by
Martin Sibileau
on
Mon, Mar 1 2010
Filed under:
Filed under: Martin Sibileau, Agency debt, CAD, interest rate, regulation, Agencies, Euro-zone, GSE, TSX, bubbles, Bank of America, asset inflation, European Union, exchange equation, Preferred Stock Purchase Program, PPSP, Euro, USD strength, Europe, inflation, Canadian dollar, non-nuetrality of money, delinquency buyouts
The Fed is being urged to be more aggressive in controlling future asset bubbles. Fed governor, Frederic Mishkin, gave a speech May 15th suggesting the Fed should use its regulatory powers "aggressively and pro-actively to limit the threat from future asset price bubbles." The Fed could eliminate...