I have been doggedly working and also coaching high school football through double day practices. Needless to say, I am fatigued and have somewhat neglected our loyal visitors to Ponder This…

Allow me to introduce some interesting reading material for this Thursday afternoon into the weekend:

Gary Dorsch analyzes the close ties between the Yen and the U.S. stock market and increasing activity on the part of global government financial authority figures to “jawbone” the markets in hopes of achieving particular market outcomes.

The Federal Reserve System wikipedia entry is one that should be required reading for anyone interested in the financial markets, the economy, or the political realm.

Check out the world population clock.

Irwin Yamamoto wonders where the monetary responsibility went within the Federal Reserve Board. The Paul Volcker era seems so long ago, doesn’t it?

Time Magazine takes a broader look at the real estate bust. Remember how recently the same magazine was touting “Home Sweet Home”? How quickly things can change.

(June 13, 2005 Cover)

Filed under: Economics, Entertainment, Social Mood