Citi: the U.S. Federal Reserve…
Central bank leaders express cautious…
The recent surge in Tesla's…
The traditional Swiss finishing school taught young women etiquette and social graces, but international bank regulators are talking about something much tougher when they refer to a “Swiss finish” for…
I managed to catch an interesting interview on TV the other day with Tom Albanese of Rio Tinto (RTP), the planet’s second largest producer of iron ore. It is one…
Japan pulled out the firepower this week in terms of qualitative easing. Speculation is running the Fed will announce same at the beginning of November. And so people are worried.…
OK, let’s say that if you don’t own bonds, but someone is holding a gun to your head, dangling you by your ankles outside a window on a high floor,…
Overnight, the Bank of Japan announced unprecedented monetary policy. The Japanese are going "all-in" on economic stimulus. Since the financial crisis, "monetary easing" has been a buzzword globally. For many…
I have long sat beside the table of Mckinsey & Co., the best management consulting company in Asia, hoping to catch some crumbs of wisdom. So, I jumped at the…
I wrote last week about big changes coming to financial regulation in Europe. Look for the sequel soon in the U.S. America is buckling down for a new era of…
Last week, octogenerian Paul Volcker lost his grip. Volcker, who was the Fed chairman before Alan "Bubbles" Greenspan, remembers a time when the Wall Street (aka. the Financial Industry) worked…
I managed to catch a few comments on TV yesterday in the distinct northern accent of Jim O’Neil, the fabled analyst who invented the “BRIC” term, and who has been…
Things seem pretty good in the markets these days. Gold once again touched $1,300/oz yesterday. And there's growing talk of $1,500. Base metals prices have remained firm. And equity…
Ireland is high on the list of, “Things that Could Go Wrong Big Time”. The numbers are so scary that they are encouraging. Ireland is a TBTF. If there were…
THE ECONOMIST ADDS ELEVEN NEW SPEAKERS TO 2010 BUTTONWOOD GATHERING LINE-UP. Peter Orszag, Neal Wolin, Jeffrey Sachs, Robert Rubin, And Others To Join Discourse On Global Finance And Economy (NEW…
You may have missed it, but this afternoon a slumbering giant with a formidable arsenal of economic weapons began to awake. That giant is the Fed and its formidable arsenal…
There is a wonderful conspiracy theory propagated by Tea Partiers that has been making the rounds in the financial markets for the past several months. In a desperate attempt to…
Big news out of Europe today. The European Parliament has endorsed the "EU financial supervision reform package". Basically, this is a series of principles aimed at creating a cohesive regulatory…
The Mainstream Media in the U.S. has presented two basic approaches to understanding China's real estate bubble: 1. There is no bubble in Chinese real estate, as demand for housing…
You'll find there are certain themes that reoccur often in this missive. One of them is U.S. credit. Analysts look at a lot of different numbers to try and figure…
What will the Republicans winning in November mean for your portfolio? This is an easy call to make. Expect a dramatic roll back of the leftward policies the country has…
It's still happening. Eight months on and counting, expected inflation continues to fall at a steady pace as seen below: …
One of my favorite math professors always used to tell me that statistics were like bikini bathing suits. What they reveal is fascinating, but what they conceal is essential. If…