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Great insight from @EconguyRosie
David Rosenberg @EconguyRosieThe spike in Umich consumer inflation expectations is nothing more than a misnomer. The problem is that it is taking place at a time when the working class is losing bargaining power at an alarming rate. Fully 67% of households see higher unemployment over the coming year (was…
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Daily Archives: May 3, 2012
‘Liar’s Poker’ Author on Culture of Wall Street
Michael Lewis, who authored “Moneyball,” “Liar’s Poker” and “The Blind Side” spoke to CNBC this morning about the two key themes that degraded our financial system over the past 30 years. I agree with Lewis that the solutions are quite … Continue reading
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