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Daily Archives: April 23, 2012
Canada’s TSX: 2 year round-trip, rough ride to nowhere
The big picture Canadian TSX 60 largest companies, has now fallen below its May 2010 level as captured in the below chart. We know that QE efforts have not succeeded in reinvigorating growth in the real economy, but they have … Continue reading
60 Minutes: The case against Lehman executives
Steve Kroft talks to the bank examiner whose investigation reveals the how and why of the spectacular financial collapse of Lehman Brothers, the bankruptcy that triggered the world financial crisis. Here is the direct video link. The story is important … Continue reading
Good discussion on monetary policies and the need for fiscal discipline
Stephen Roach, former Morgan Stanley chief economist breaks down the risks facing the U.S. recovery; the cost of Fed policies; whether China’s economy is hitting a wall; and the race for the White House, with GOP presidential candidate, Rep. Ron … Continue reading
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