Non-Borrowed Reserves of Depository Institutions
Federal Reserve Bank of St. Louis
All of Inflation’s Little Parts
A Chart – New York Times (3 May 2008)
Derivaties Monster Morgan to Enter Oil Market
By Sambit Mohanty – Reuters (15 May 2008)
Why are Food Prices Rising?
Financial Times (26 Nov 2008)
AIG Should Postpone Annual Meeting, Greenberg Says
By Hugh Son – Bloomberg.com (12 May 2008)
EU to Launch Asssault on Bankers’ Bonuses
By Ambrose Evans Pritchard – London Telegraph (14 May 2008)
MZM Growing at Annualized Rate of 16.4%
St. Louis Fed Report
“MZM as calculated by the St. Louis Fed has experienced a sharp decline in growth over the past few weeks. Last week MZM actually declined – the first decline since the second week of January. Just a few weeks ago, MZM annualized four-week growth hit 34.8%. Last week it had fallen to 16.4%.” ~ The King Report
MZM is an acronym for “Money Zero Maturity” ~ A measure of the liquid money supply within an economy. MZM represents all money in time deposits, plus all money market funds. From investopedia.com.
~ Previous blog posts on MZM: (1) (2) (3)
Libor Rate Faces Shakeup As Credibility Is Doubted
By Ben Livesey & Gavin Finch – Bloomberg News (13 May 2008)
Is Inflation Really Understated? (No!)
By Barry Ritholtz – BigPicture (8 May 2008)
Boom in ‘Dark Pool’ Trading Networks is Causing Headaches on Wall Street
By Scott Patterson & Aaron Lucchetti – Wall Street Journal (8 May 2008)
Pastors Called to Defy IRS Censorship Rules
By Bob Unruh – WorldNetDaily.com (9 May 2008)
An Update on the Dollar
By James Turk – GoldMoney.com (12 May 2008)
The Global Slump Has Begun As Poison Spreads
By Ambrose Evans-Pritchard – London Telegraph (12 May 2008)
Global Free Market For Food and Energy Faces Biggest Threat in Decades
By Ambrose Evans-Pritchard – London Telegraph (5 Oct 2008)
Chinese Firms Bargain Hunting in U.S.
By Don Lee – Los Angeles Times (5 May 2008)
Growing Deficits Threaten Pensions
By Davaid Cho – WashingtonPost.com (11 May 2008)
The Shrinkable But (so far) Unsinkable Dollar
By Peter S. Goodman – New York imes (11 May 2008)
Beijing, Riyadh Will Call Shots on Ailing Dollar
By Liam Halligan – London Telegraph (11 May 2008)
Citing Copper and Zinc Costs, House Votes for Return of Steel Penny
By Brian Faler – Bloomberg News (8 May 2008)
IMF Worries That Commodities May Not Be a Bubble
By Krishna Guha, et al – Financial Times, London (8 May 2008)
A Weak Dollar and Sluggish U.S. Economy Accelerate Toyota’s Retreat to Emerging Markets
By Jason Simpkins – MoneyMorning.com (8 May 2008)
Hubris, Denial, and the Financial Services Culture
By Yves Smith – Naked Capitalism (2 May 2008)
Tennessee Sales Tax Growth Drops to 47-year Low
By Andy Sher – TimesFreePress.com (30 Apr 2008)
Confessions of a Two Month CEO Blogger
George F. Colony’s Blog (14 Apr 2008)
