Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

The Fed’s Swap Loans and Libor – OIS Spread

by John B. Taylorvia Economics One
Thursday, May 27, 2010

From about two years—from August 2007 to September 2009—fluctuations in the spread between dollar Libor and the overnight index swap (OIS) served as a valuable quantitative indicator of financial stress in the interbank loan market...

Analysis and Commentary

China Moves the Market

by Alvin Rabushkavia Thoughtful Ideas
Thursday, May 27, 2010

China’s official foreign exchange reserves total about $2.5 trillion, and continue to rise each month. How China invests these funds has a large impact on the value of financial assets...

Analysis and Commentary

A $50 B fig leaf

by Keith Hennesseyvia KeithHennessey.com
Thursday, May 27, 2010

House Democrats have modified their “extenders” bill and appear to be bringing it to the floor for a vote today...

Interviews
Interviews

Lazear on the Economy

with Edward Paul Lazearvia Squawk Box (CNBC)
Friday, May 28, 2010

Edward Lazear, former chairman of the President's Council of Economic Advisers (2006-2009), shares his economic outlook with CNBC...

Interviews

Politics & Policy with John Podhoretz: Chapter 5 of 5

by Peter M. Robinsonvia Uncommon Knowledge
Friday, May 28, 2010

John Podhoretz explains why Obama was able to secure the Jewish vote — and why he may not be able to keep it...

In the News
In the News

Despite their protestations, Whitman and Poizner sound similar to Schwarzenegger

with Thad Kousservia Los Angeles Times
Friday, May 28, 2010

The two leading GOP gubernatorial contenders are trying to distance themselves from him, but many of their proposals have already been tried — or achieved — by the governor...

In the News

U.S. sees Iran, Afghanistan as gains in Russia relationship

with Michael McFaulvia Reuters
Friday, May 28, 2010

Russia's support for fresh U.N. sanctions against Iran and its help on Afghanistan show how Washington's "reset" of relations with Moscow is delivering results, President Barack Obama's top adviser on Russia said...

In the News

The Big Short Part II: Uncle Sam

with Niall Fergusonvia StreetTalk (Forbes.com)
Thursday, May 27, 2010

The conquering heroes of the subprime meltdown gathered in Manhattan yesterday to tout their latest ideas and the prevailing theme seemed to be: Short the west...

In the News

Experts Tout Virtual Education

with Paul E. Petersonvia Tech Daily Dose (National Journal)
Thursday, May 27, 2010

Leaders of online education gathered Thursday to discuss the role that virtual learning must play in our nation's future, saying brick-and-mortar classrooms won't become obsolete but will be complemented by blended and virtual learning models...