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Monthly Archives: March 2015
The problem with stock buybacks
Why high corporate profits aren’t translating into widespread economic prosperity, as explained in William Lazonick’s HBR article, “Profits Without Prosperity.” Here is a video report. Five years after the official end of the Great Recession, corporate profits are high, and … Continue reading
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Chinese economy contracts in March
An initial reading the Chinese manufacturing sector saw activity drop to an 11-month low in March, but analysts may be more worried about the government’s push for much-needed structural reforms. Here is a direct video. Listen to the long always … Continue reading
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No quick fix to save oil prices this time
After a short-lived rebound in energy shares between January and February, the energy sector index (XEG) remains down 35% from its June 2014 high. Interim bounces notwithstanding, it is likely that energy shares have further to fall as investors lose … Continue reading
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