Wednesday, May 06, 2009

And the winners are....
(or Lovers in Japan (Osaka version))


Tomorrow is Stress Test Thursday, when the Obama administration provides the public with some more transparency regarding the financial sector, the specifically the top 19 banks.

Bernanke says things are stabilizing
but there will be no quick recovery:
In his most upbeat assessment in a long time, Mr. Bernanke said a wide array of indicators, from consumer spending and home sales to a revival in the credit markets, now suggested that the economy was stabilizing.
Mark Thoma fears we may be falling into a Japanese rut.

Brad DeLong is happy as credit fears ease.

Obama has critics Paul Krugman and Joseph Stiglitz over for dinner.

Joe Nocera has been searching conferences and symposiums for the answer and reports Stiglitz gives the Obama administration an A++, however that's grading on a curve.

Obama interview with David Leonhardt.

No comments: