News: 2014-03-01

North America
The Obama 2015 Budget Will Be More Dead On Arrival Than Most - Forbes
Fed’s Plosser: Models Hint Rates Should Rise ‘Very Soon' - Real Time Economics - WSJ
Dream of U.S. Oil Independence Slams Against Shale Costs - Bloomberg
Wall Street threatens GOP on bank tax - Jake Sherman and Anna Palmer and Lauren French - POLITICO.com
Could the Fed Have Avoided 2008? | PRAGMATIC CAPITALISM
This makes sense.
Macro and Other Market Musings: Spawning the Great Recession
I wouldn't say I agree but this is a view many hold: "The Fed could have cut it policy rate in both meetings and signaled it was committed to cycle of easing. It did not and that seems to be what turned an ordinary recession into something far worse. Note that this passive tightening of monetary policy preceded the ...


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