There was a strong sense that the victorious bid was the result of efforts by "Team Japan." Instead…

...the recent announcements would not have been necessary if these countries had taken advantage of…

Richard Koo is the primary believer in what people call a "balance sheet recession", a recession ca…

In countries that do not engage in quantitative easing, meanwhile, the decline in long-term rates i…

"Instead of falling back to 2.0% or lower following the Fed's decision to delay tapering, the 10-ye…

This time, however, the government is preparing two more initiatives to strike at the heart of the …

During the bubble period towards the middle of Figure 1, much attention was paid to the fact that t…

"Given the importance of getting the timing right, the FOMC needs to be absolutely sure that tighte…

But Koo, in his note, comes down clearly on the side that says China is in urgent need of real stru…

Markets and media unaware that US is in QE trap Nevertheless, it was easy enough to predict that …

A large part of China's economic prowess comes from its ability to provide cheaper labor than other…

Hopes for the central bank to aggressively lower its benchmark interest rate faded after the June j…

"As we have seen in recent weeks, the President has ramped up verbal jawboning over a strong dollar…

Back in August we highlighted research from Nomura's Richard Koo, who noted the worrying decline in…

"Now that the nation's working-age population is starting to decline, the only way the economy can …

But some are a bit more skeptical. From Deutsche Bank: "There was much excitement about the milesto…

But in Japan, overall prices have not risen since the late 1990s. The Big Mac still costs about the…

2013 was the year that the "sequestration" kicked in (these were the spending cuts that were mandat…

"A growing number of indicators are showing late-cycle dynamics, and while this need not imply a re…

This is also apparent in corporate free cash flow, or internal funds available for investment. The …