Alexei Bayer

About the Author

Alexei Bayer

Alexei Bayer is head of KAFAN FX Information Services. His monthly “Global Economy” column in Research has received an excellence award from the New York State Society of Certified Public Accountants for the past six years, 2004-2009. He previously worked for the Economist Intelligence Unit and Standard & Poor's.

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  Pop That Oil Bubble

  By Alexei Bayer  |  July 26, 2012

  The oil market has been in a bubble stage for a decade.

• Voter Discontent

  By Alexei Bayer  |  June 27, 2012

  Several recent elections in Europe were seen as a referendum on fiscal austerity (and fiscal discipline) and their results were presented as a mood shift in favor of more government spending and economic stimulus.

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  Too Much Cash

  By Alexei Bayer  |  May 24, 2012

  If, as some analysts suggest, holding such huge cash reserves has become necessary for companies to protect themselves, then the economy has become unbalanced and dangerously volatile.

• Debased Currency

  By Alexei Bayer  |  April 25, 2012

  Despite unprecedented creation of money over the past three and a half years, consumer prices remain moderate.

• European Stagnation

  By Alexei Bayer  |  March 26, 2012

  When the financial system faces a major bankruptcy, one that is large enough to threaten its health, it often makes sense to buy time. Regulators, central bankers, multilateral lenders and governments.

• The Oil Problem

  By Alexei Bayer  |  February 24, 2012

  The year 2012 became the second in a row to start with a run-up in oil prices.

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  Tax Hike Needed

  By Alexei Bayer  |  February 1, 2012

  We’re conditioned to regard taxation as bad for the economy.

• Europe’s Storm, and Ours

  By Alexei Bayer  |  December 26, 2011

  Contrary to the widespread view that the European debt crisis is acting as a drag on the U.S. economic recovery, it actually has been beneficial for the United States. The euro-zone debt crisis has given Washington a respite by boosting the safe-haven premium of Treasury bonds and reducing the debt-service...

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  Dividend Trouble

  By Alexei Bayer  |  November 23, 2011

  In the third quarter, an unusual situation arose in U.S. financial markets: dividend yield on stocks surpassed the interest rate on the 10-year Treasury bond. While some technical analysts saw this as a strong “buy” signal, and the market did subsequently rally, the real explanation is probably far less favorable...

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  Economic Jump-Start

  By Alexei Bayer  |  October 26, 2011

  The principle of homeopathic medicine is to “let like be cured by like”: treat an illness by giving patients minute quantities of medicines that produce the same symptoms. But treating indigestion with a 10-course meal is not a good idea. This is why throwing borrowed funds at the current economic...