The Sunshine Report

Category Archive: M1

1. And Now For Some Really Bad Economic News…

   2 Post on October 4, 2009

    The U.S. econ­omy has a long way to go before the eco­nomic recov­ery will be either sus­tain­able or robust.  Mon­e­tary indi­ca­tors don’t look good and are once again get­ting worse.  I am con­cerned that the finan­cial sys­tem hasn’t recov­ered enough for the Fed­eral Reserve to with­draw from its pro­gram of quan­ti­ta­tive eas­ing.   While most of the […] [read full story]

   Posted in: BANKS, Credit Crisis, Economic Statistics, economy, Federal Reserve, Finance, Liquidity Trap, M1, M2, Monetary Policy, Money Supply, Politics, Public Policy

2. What If The Fed’s Isn’t Printing Money Like A Drunken Sailor?

   1 Post on June 12, 2009

   What if con­ven­tional wis­dom about the Fed is wrong and it isn’t print­ing money like a drunken sailor? Well…that would make most of the media cov­er­age of the bond mar­ket and the econ­omy wildly off the mark. As it turns out while media talk­ing heads were rant­ing about how the Fed was run­ning their print­ing presses […] [read full story]

   Posted in: Bernanke, Brad Setser, Economic Statistics, Federal Reserve, Finance, M1, M2, M3, monetary policy, Money Supply, Politics, Public Policy

3. 7 Faint Signs That The Economy’s Bottom Is In Sight

   1 Post on February 25, 2009

   There are opaque and early signs that the U.S. econ­omy has started the begin­ning of a bot­tom­ing process. Just like a div­ing sub­ma­rine needs to stop its down­ward motion and reach its low­est depth before it can resur­face, the econ­omy needs to go through the steps of slow­ing its decline and sta­bi­liz­ing before it can […] [read full story]

   Posted in: BANKS, Bernanke, CPI, Credit Crisis, Deflation, Economic Statistics, economy, Federal Reserve, Finance, Fiscal Policy, Inflation, M1, M2, monetary policy, Money Supply, Obama, Politics, Public Policy, TARP

4. Sunshine Travel Log Blog – I Went Fishing And The Fed Slowed Money Supply Growth

   0 Post on January 27, 2009

   Last week­end I went fish­ing in Tokyo har­bor. The below pic­ture is my friend Masura Ono with a really big fish that he caught on his boat. Ono-san is a famous lawyer in Tokyo. He is a senior part­ner at the largest law firm in Japan as well as a law pro­fes­sor at the Uni­ver­sity […] [read full story]

   Posted in: BANKS, Deflation, Economic Statistics, Federal Reserve, Finance, Inflation, M1, M2, monetary policy, Money Supply, Public Policy

5. Money Supply And Economic Data Weekly Watch — How the Fed is Making Banks Lend

   2 Post on December 19, 2008

   The Fed­eral Reserve is forc­ing banks to lend or face finan­cial dis­as­ter. The Fed’s lat­est strat­egy gives banks the stark choice of lend­ing or los­ing a lot of money from oper­a­tions. Every­one knows the Fed cut its tar­get Fed­eral Funds rate to the bone this week. In a less obvi­ous move, the Fed is also […] [read full story]

   Posted in: BANKS, Bernanke, Credit Crisis, Deflation, Economic Statistics, economy, Federal Funds Rate, Federal Reserve, Finance, M1, monetary policy, Money Supply, Politics

6. Money Supply And Economic Data Weekly Watch – Living in the Twilight Zone

   0 Post on December 15, 2008

   We’ve entered the twi­light zone. This week’s money sup­ply and eco­nomic data is sur­real. Money sup­ply is grow­ing at an unbe­liev­able pace. As mea­sured by sea­son­ally adjusted M1 and M2, the Fed announced that money sup­ply set new all time records. The quick rate of growth for money sup­ply is actu­ally accel­er­at­ing. Over the last […] [read full story]

   Posted in: Cox, Deflation, Depression, Economic Statistics, economy, Federal Funds Rate, Federal Reserve, Finance, Hoover, Inflation, M1, M2, Madoff, monetary policy, Money Supply, Public Policy, SEC

7. Money Supply And Economic Data Weekly Watch – Deflation Hurts The Economy Like Hydrochloric Acid Burns Through Steel

   1 Post on December 6, 2008

   Defla­tion hurts the econ­omy like hydrochlo­ric acid burns through steel. Falling prices destroy cor­po­rate and house­hold bal­ance sheets and make it impos­si­ble for the finan­cial sec­tor to func­tion nor­mally. Demand is destroyed by defla­tion which in turn leads to more defla­tion. The weak­est sec­tors are hurt first, but defla­tion quickly burns through healthy indus­tries. This […] [read full story]

   Posted in: BANKS, Bernanke, CPI, Deflation, Economic Statistics, Finance, GDP, Inflation, M1, M2, Manufacturing, monetary policy, Money Supply, Obama, Oil, Politics, Public Policy, Retail Sales

8. Money Supply and Economic Data Weekly Watch – Smokey the Bear Says, “If you start a fire, put it out. Only you can prevent wildfires.”

   1 Post on September 20, 2008

     OK. I admit it. Nei­ther Ben Bernanke nor Hank Paul­son looks like Smokey the Bear (although Smokey does resem­ble my dog, Kelly). But like fire­fight­ers try­ing to save the for­est, the dynamic duo are fever­ishly try­ing to save the U.S. econ­omy from an eco­nomic wild­fire by drown­ing the cri­sis with liq­uid­ity. Every week I […] [read full story]

   Posted in: BANKS, Bernanke, Credit Crisis, Deflation, Economic Statistics, economy, Fannie Mae, Federal Funds Rate, Federal Reserve, Finance, FOX BUSINESS NETWORK, Freddie Mac, Great Depression, Inflation, M1, M2, monetary policy, Money Supply, Paulson