Despite the Inflation Celebrations, the Case Against Team Transitory Still Stands
The excitement over a slightly softer than “expected” October inflation print extended from financial markets…
Banks
Dr. Duru The Federal Reserve finally tries to fight a bubble…in the price of farmland
(Hat tip to a friend who pointed me to this article) Under Alan Greenspan, the…
Automobile subprime lending jumps 60% in 2010
A contraction in credit has served as a firm pillar of support for those who…
Financial industry continues reflation with increase in salary of Goldman’s CEO
The reflation of the financial industry continues. Last week, Citigroup’s CEO Vikram Pandit got his…
Citigroup CEO Pandit sees his salary (re)inflate
Hopefully, by now, you have been disabused of the notion that deflation remains a serious…
China Gets More Aggressive In Inflation Fight
China surprised financial markets by again raising requirements for bank reserves sooner than expected. More…
Citibank to increase checking fees
Citbank, whose parent company received tens of billions of dollars of taxpayer bailout funds, has…
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