
Risk of Addiction to O.P.M.-Other People’s Money
As cyclical indicators worldwide indicate bottoming out and amidst crucial meetings from Jackson Hole for central banks last week to later this week the London ……Read More
As cyclical indicators worldwide indicate bottoming out and amidst crucial meetings from Jackson Hole for central banks last week to later this week the London ……Read More
Although different from complacency after strong growth into 2007, now we see complacency of a different hue. The perfect certainty recently on display in the ……Read More
Globally, we see the consumer as not the economic equivalent of bamboo green shoots—one of the hardiest and fastest growing plants used in Asia from ……Read More
Not just from the young and restless, in June/early Aug. 2009 chatter grew about valuation expansion as market driver. We unequivocally do not consider the ……Read More
With trillions of dollars of debacle still being unwound the emphasis has been on survival, but to thrive capital markets will now require higher standards. ……Read More
The global business and capital market cycles are at a delicate point. They have been in decline, appear now mixed and with potential for a ……Read More
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