Yra Harris

Bank of England Governor Andrew Bailey made a ridiculous comment almost two weeks ago and I’d be remiss not to mention it. Bailey issued his own FORWARD GUIDANCE on how to slow the pace of… more

Tomorrow is the first Friday of the month so it is known on trading desks as UNEMPLOYMENT Friday — or Unenjoyment Day for some — as volatility will reign in the early part of the trading day. As… more

Bernard Connolly is a British economist noted for his dislike of the euro. He is know for writing The Rotten Heart of Europe: The Dirty War for Europe's Money.

with thanks to … more

Michael Pettis is a nonresident senior fellow at the Carnegie Endowment for International Peace. An expert on China’s economy, Pettis is professor of finance at Peking University’s Guanghua… more

If you’re only looking at the headlines from the past 48 hours, there is something major going on. First, on Friday afternoon Bloomberg reported that the G-7 finance chiefs are planning to discuss… more

James Bianco is President and founder of Bianco Research LLC.. Started in 1998 providing macro, fixed-income and economic analysis for financial market professionals

Bianco Research LLC… more

On December 7, 2009, NOTES FROM UNDERGROUND published its first post and we’ve shared a few thousand thoughts since then (all archived at WordPress and for those on CQG they available thanks to… more

We at Notes From Underground on Oct. 31 wrote a post titled, "The Odious Designs of ECB Policy." It noted that during the ECB post-meeting press conference President Christine Lagarde said - in… more

It’s been. another week in which headline inflation concerns has jolted markets, particularly in the interest rate space, but not as much as many investors and traders would have expected. The… more