Monthly Archives: July 2017
Why Trump will struggle to recreate go-go ’80s
Worth revisiting this thoughtful opinion piece by Morgan Stanley strategist Ruchir Sharma on the real factors behind economic growth… Demographics are destiny…
Reading between the lines on bullish econ news
Greg Ip, veteran columnist for the Wall Street Journal, is using the R Word = Recession… All the preconditions exist…Why Soaring Assets and Low Unemployment Mean It’s Time to Start Worrying…
Fed focus is on inflation
Wall Street Journal’s Heard on the Street deconstructs the latest Fed minutes… Inflation continues to be too low, making the Fed nervous… Watch What They Say – Fed Gets Worried…
Too Hot to Handle: Overheating in Economics
Summer is a time for fun in the sun, though about this time of year the sun usually gets a bit excessive for most people. Drink fluids and wear plenty of sunscreen! Or alternatively you could stay indoors and read up on your macroeconomic terms. Overheating also happens to be a phenomenon in that happens […]
Posted in Finance Glossary
For Fed, it’s not if, but when
More details on the coming Fed taper… There is a debate within the Fed as to whether to start in September or December… But there is no debate about starting this year… Binyamin Appelbaum of the New York Times reports in Fed Officials Are Divided Over When to Reduce Its Debt Holdings…
US spending falls short of rhetoric
The U.S. economy has displayed an interesting anomaly since the election… Although consumer confidence and the “CEO outlook” are up sharply, actual spending in the economy has lagged… Neil Irwin reports on this in the New York Times in Confidence Boomed After the Election. The Economy Hasn’t. … “Watch what they do and not what […]
All-stock deals hit rough patch
Some stock-for-stock M&A deals are getting tough… Clariant of Switzerland is merging with Huntsman of Texas… But now, activist shareholders of Clariant are teaming up to block the deal… Brian Blackstone of the Wall Street Journal has the story: Clariant, Huntsman Deal Under Threat From Activist Investors
Fed tips hand on taper timing
The Fed is signaling that its long-awaited taper will begin in the fall… Nick Timiraos of the Wall Street Journal has the story: Fed Eyes September Announcement on Balance-Sheet Reduction .
Puerto Rico bondholders come up short
In January 2016, the Puerto Rico Power Authority (PREPA) entered into a restructuring support agreement with the great majority of its bondholders… In February 2016, the Puerto Rico legislature passed a law allowing the restructuring to move forward… But the agreement has conditions which were never met… Time is the enemy of deals… And so, […]
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