Aug 01 Default by Debt Ceiling? ‘Complete Nonsense’ By Paul Solman // Editor's Note: On Monday's NewsHour Paul Solman reports from the trading floor of Natixis CIB Americas to see how the stock market was reacting to news of the debt-ceiling deal. Turns out the market is reacting… Continue reading
Jul 29 How the U.S. Racked Up $14 Trillion in Debt By Paul Solman A fascinating set of graphic debt data, courtesy of the New York Times. Meanwhile, amidst all the scare talk of a bond rate crisis, has anyone noticed that the bond market is rallying mightily… Continue reading
Jul 29 Fancy a Pint? Brew Throughout the World By Paul Solman Photo by Flickr user hakaider. Has all the talk about the debt ceiling left you wanting to reach for a cold one? Or several? How likely are they to be drowning their sorrows elsewhere in the world? You might… Continue reading
Jul 27 Watch How to Succeed in Business by Really, Really Trying Is the aptitude for business (the legal kind) distributed among convicted criminals as it is in the general population? One seasoned executive thinks so, and believes that by hiring the cream of the ex-con crop, his company will have a… Continue watching
Jul 27 China’s Communism and Capitalism: The New Yin Yang? By Paul Solman The short third installment of Yoram Bauman's vlog from China is well worth the watching, highlighting the tension between the "official" China and what's really going on there. Communist Party founder Mao AND $300,000 Porsches? Yoram asks. "Do… Continue reading
Jul 26 The ‘Bond Vigilantes’ and the Debt Ceiling Crisis: No Need to Panic or Lying in Wait? By Paul Solman Harvard's eminent trade economist, Robert Lawrence, gave a talk in Greece this month. Among his slides was this image with the headline: "The Vigilantes are Asleep!" Slide image courtesy of Robert Lawrence. That would be the so-called "bond vigilantes"… Continue reading
Jul 25 Should You Stash Cash if the Debt Ceiling Isn’t Lifted? By Paul Solman Speaker of the House John Boehner (R-OH) and President Barack Obama wait before a meeting in the Cabinet Room of the White House July 10, 2011 in Washington, D.C. to negotiate increasing the debt ceiling in order to avoid defaulting… Continue reading
Jul 18 Were We Too Easy on Lincoln Electric? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here are a few queries: // We received a flurry of worried responses to our… Continue reading
Jul 15 Stand-up Economist: Is China Asia’s Ecuador? By Paul Solman // Stand-up economist Yoram Bauman has now made it to China and filed the second of his vlogs for us from Beijing. We found his comparison of China to Ecuador fascinating. For those who crave a… Continue reading
Jul 14 The Not-So-Golden Years: Are You Better Prepared Than Other Americans? By Paul Solman Explore a compendium of facts on Americans' shortfalls in retirement savings, presented in graphic form. As should always be your habit with poll data, don't try to take the actual numbers to the bank. But as rough approximations,… Continue reading