World Economy Archive
Unemployment hits 9.7%
Posted by Mary Caraccioli | Filed under Economy, Job search, World Economy
That is higher than economists had expected. However the number of jobs lost, while high, continues to be “less-bad.” What does it all mean? As someone who went through the unemployment process this year and who knows lots of other people... (more...)
Tags: caraccioli, Economy, jobs, unemployment
Ford Chief Economist Ellen Hughes-Cromwick
Posted by Mary Caraccioli | Filed under Economy, Videos, World Economy
Ellen Hughes-Cromwick made the case for Ford to concentrate on the emerging markets of Brazil, Russia, India and China (the BRICs) almost a decade ago. Her forecast was right on. Ford, the only major U.S. automaker to make it through the recession without... (more...)
Tags: Auto, BRIC, caraccioli, Economy, Ford, GIC
Stop Looking for Shoots
Posted by Mary Caraccioli | Filed under Economy, Finance, Investing, World Economy
Enough with the search for green shoots. The Financial media is missing the point in its constant banter about green shoots. Yes there are green shoots, brown shoots, verdent pastures and drought-choked fields, but that isn’t the point. It is the... (more...)
Tags: Economy, green shoots, recovery, w
Taiwan: Does it still need the United States?
Posted by Mary Caraccioli | Filed under Innovators, World Economy, asia
The short answer today is yes. But the question will continue to resurface as the relationship between Taiwan and China continues to get more cozy. The newfound warmth has developed over the last 365 days, or the first year of Ma Ying-jeou’s Presidency.... (more...)
Tags: china, cross-strait, crp, foreign policy, roc, taiwan
Chris Whalen on the Banks
Posted by Mary Caraccioli | Filed under Economy, Finance, Videos, World Economy
If you think you are the smartest person in the room and you happen to work in finance, then you don’t want to see Chris Whalen walk in the door. Chris is one of the brightest minds on the street. He gets what has happened in the banking industry... (more...)
Tags: banks, caraccioli, chris whalen, citigroup, financial crisis, goldman sachs, jp morgan
Barry Ritholz: Power Struggle inside the Obama Administration
Posted by Mary Caraccioli | Filed under Finance, Investing, Videos, World Economy, banking
Barry Ritholtz is the CEO of Fusion IQ and prolific writer and blogger (The Big Picture Blog). Barry was one of the few pundits who didn’t buy into the “Golidlocks scenario” (the economy is just right) in 2007 and 2008. At the time... (more...)
Tags: banking, barry ritholtz, caraccioli, interest rates, the big picture
Former Fed Official Bill Poole
Posted by Mary Caraccioli | Filed under Finance, Investing, Videos, World Economy, banking
Dr. William Poole, former President of the St. Louis Federal Reserve Bank and target of the famous Jim Cramer diatribe, told me he and others at the Fed absolutely didn’t see the banking crisis coming. He said, “I missed it.” In an... (more...)
Tags: banks, bill poole, federal reserve, FOMC, stress tests
Banking Mess: Solutions to Think About
Posted by Mary Caraccioli | Filed under Economy, Finance, World Economy
Thursday I attended a terrific conference presented by the Global Interdependence Center. The 27th Annual Monetary and Trade Conference included an impressive line up of guests. Many who you will hear from on this site (check out the video section) thanks... (more...)
Tags: banking, stress test GIC
Earth Week: New Laws Expected
Posted by Mary Caraccioli | Filed under Alternative Fuels, Economy, Green, World Economy
With rash of hearings, bailouts, investigations and other such activities on Capital Hill, you may not have realized that legislation to help curb climate change is making its way through the U.S. House of Representatives. The U.S., following Europe’s... (more...)
Tags: cap-and-dividend, cap-and-trade, caraccioli, carbon, carbon dioxide, co2, earth day, emissions, legislation
Martin Wolf of the Financial Times
Posted by Mary Caraccioli | Filed under Economy, Finance, Videos, World Economy
Tags: asia, brazil, caraccioli, china, depression, global finance, martin wolf, recession, United States
