Bruce Krasting

Bruce Krasting has been writing for the professional press for the last five years and has been on the Fox Business channel several times as a guest describing his written work. In January 2009, he started writing his blog, Bruce Krasting. From 1990-1995 he ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments.They expressed their views in global bonds, currencies, stocks, commodities and derivatives. He closed the fund and retired in 1995. Bruce has also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. He hold a bachelor's degree in economics from Ithaca College and currently lives in Westchester, NY. We are very happy that Bruce has allowed us to post his articles here on These New Times, and we think you'll agree that his insights are detailed and often brilliant and he has a easy, readable style. You can read his blog everyday here

By Bruce Krasting On Wednesday, March 14th, 2012

Is the Ten Year Going to 3%?

These two articles point in a bad direction:     China’s 2011 total trade surplus was $183B. The surplus with the USA was $270B; the US was 150% of China’s total surplus. China imports lots of “stuff.”  More...

By Bruce Krasting On Wednesday, March 7th, 2012

Swamp Gas: Notes From DC

#1 Smoot-Hawley Redo The Congressional Budget Office (CBO) is obligated to review and “score” the financial consequences of any proposed legislation. It came out with a report on H.R. 4105. The title page of More...

By Bruce Krasting On Tuesday, March 6th, 2012

On Politics, Social Security and Spine

Assuming that no white knight (aka NJ Gov. Christie) enters the scene for the Republicans, this fall will be a race between Mitt & “O”. I’ve listened to them discuss their views on a hot button of mine, More...

By Bruce Krasting On Wednesday, February 29th, 2012

Sins Of The Past

Ben Bernanke has said many times that Marriner Eccles, the head of the Federal Reserve in 1936/37 made a mistake by tightening credit (raising reserve requirements). Bernanke blames Eccles’s actions for the 50% More...

By Bruce Krasting On Friday, February 3rd, 2012

DOJ’s Latest Beat Down: Swiss Banks

Wow! The Department of Justice took an extraordinary step yesterday. It indicted Swiss private bank, Bank Wegelin, for aiding and abetting in US income tax fraud. This is a big deal.                 I’ll More...

By Bruce Krasting On Thursday, February 2nd, 2012
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CBO Report: OMG!

The Congressional Budget Office (CBO) is out with its annual report. It’s a blockbuster. This 165 page monster is filled with dozens of charts, graphs and detailed projections. It will be talked about for weeks. More...

By Bruce Krasting On Thursday, February 2nd, 2012

Entering the Intervention Zone

One Around Two We are near the edge on a few situations in the FX markets. I’m watching the EURCHF and the USDYEN. The market traded EURCHF to a low of 1.2032 Wednesday. It closed at a (slightly) safer 1.2044. More...

By Bruce Krasting On Sunday, January 29th, 2012

Obama Bluffs on Refi?

In his State of the Union speech, the President said: Millions of innocent Americans have seen their home values decline. And while government can’t fix the problem on its own, responsible homeowners shouldn’t More...

By Bruce Krasting On Thursday, January 26th, 2012

Bernanke Goes All In

Well, we got an inflation target from the Fed. Basically, thinking at the Fed has been eliminated. The process has been automated. Bernanke has convinced the Fed board to adopt Core PCE as a determinate of monetary More...

By Bruce Krasting On Friday, January 20th, 2012

Three of a Kind: On Death, Debt and Taxes

On the Debt Ceiling The Treasury Department emailed  its fans a blog entry setting out its position on extending the debt limit. The very fact that the Treasury Department feels the need to post blogs on this More...