
Edward Hugh presents a guest post by Valter Martins on population dynamics in Portugal, and argues once again that emigration from the eurozone periphery, which is exacerbating labor conditions, requires attention.
- Ed Dolan argues for looking at broader interests in deciding whether to allow increased natural gas exports from the U.S., as the White House appears on the verge of approving new permits.
- Steven Strauss looks at drivers of change that could shape the future: Aging population, climate change, next 9/11 are among them, but are we prepared?
- Robert Kahn thinks that linking debt-ceiling increases to corporate tax reform might be the best alternative to prevent another cliff showdown, and analyzes whether falling labor force participation rate in the U.S. justifies easier monetary policy by Fed for longer.
- L. Randall Wray shared his presentation that argues the monetary system needs to pursue the public purpose, supporting countries other than their own.
- Otaviano Canuto argues that what global financial crisis has shown is that monetary policy and financial supervision have to go hand in hand to ensure macro stability.
- Alejandro Werner writes that while conditions in Latin America are favorable, future growth will have to be fueled by productivity gains—not an easy task.
And now, the best of the rest …
United States
- Weighing the Week Ahead: Are Consumers Ready to Buy? What About Housing? by Jeffrey Miller
- Wall Street Hiring More Ex-Government Prostitutes Officials to Assure It Gets Its Way by Yves Smith
- Macro-Markets Risk Index by James Picerno
- U.S. Treasury Secretary Jack Lew Places Blame on Congress by Yves Smith
- Heritage Assesses the Ever-Expanding Ever-Centralizing Federal Government Sector by Menzie Chinn
- Another 5-Year Low For Jobless Claims by James Picerno
- Great Graphic: US Jobs Market in One Picture by Marc Chandler
Global Macro
- Central Banks Drive the Stock Market Boom by David Smith
- Macro Overview by Marc Chandler
- How Bond Market Vigilantes Force Rates Higher by Edward Harrison
- BoE On Hold as Manufacturing Perks Up by David Smith
- The Road to Liikanen by Michael Beaton
- Great Graphic: Base Money and Money Supply by Marc Chandler
Finance and Markets
- Boring, Diversified, And (Still) Tough To Beat by James Picerno
- Two Key Drivers Lift Dollar, Pressure Yen by Marc Chandler
- No ‘Peak Natural Gas’ Anytime Soon by Robert M. Cutler
- The Soaring Stock Market by James Hamilton
- Dow 20K – Halfway There by Jeffrey Miller
- The Whole & The Parts by James Picerno
- 14,000 by Tim Duy
Asia
- Abenomics Confusion by David Beckworth
- China Wrestles With Hot Money–from Locals by Marc Chandler
- Really? One Basis Point? by Tim Duy