Daily Archives: March 4, 2010

There are many stories of late about people balking against tough choices needed to remedy their financial duress. Yes, being broke sucks. But at the end of the day, laws of gravity do apply, and we humans must accept, adapt … Continue reading →

Stephen Roach, chairman of Morgan Stanley Asia Ltd., talked with Bloomberg's Maryam Nemazee about the U.S. economy and Federal Reserve monetary policy, See:Roach Expects `Very Modest' U.S. Consumer Spending March 4 (Bloomberg) Bottom line from Roach: don't confuse the bottoming … Continue reading →