Coakley, Massachusetts, Obama – and the Bankers…
Did you read Dorothy Rabinowitz’s WSJ opinion piece on Massachusetts District Attorney Martha Coakley, the Democratic Senatorial candidate who’s up for election on Tuesday? You should, because it will...
View ArticleThe Volcker Rule, or Volcker Rules
At least for the day, the most powerful man in the U.S. financial industry and for equities markets is 82 years old, a man who ended his leadership of the Federal Reserve more than 20 years ago. But...
View ArticleThe Reason They Trade Every Day
If you asked a trader in U.S. stocks at the beginning of this week what the main catalysts would be for price action, it’s unlikely you would have been told an Obama administration plan to separate...
View ArticleGillard’s Big Gamble In Australia
A mutiny in Australian politics is not unheard of, but certainly this one has caught many people by surprise. Kevin Rudd was increasingly unpopular as prime minister in voter opinion polls for a number...
View ArticleLines Are Drawn After ‘Proxy Access’ Where They Were Before
In the wake of the Securities and Exchange Commission’s party line decision to allow big investors increased power over director nominations, the reactions have been as predictable as the long,...
View ArticleWeaker Dollar Hurts U.S. Stance Against China’s Currency
To no one’s surprise, The U.S. Treasury passed today on the opportunity to brand China a manipulator of its currency. That was done as a way to avoid for now an artificial exercise imposed by law. More...
View ArticleContrarian Forecast For 2011: Progress On Budget Deficits
If you are looking to make a contrarian macroeconomic bet in 2011, how about this one: real progress will be made in the U.S. at the federal and state level on reducing large, structural budget...
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