Daily Archives: November 27, 2015

Varoufakis and McWIlliams discuss Europe and ‘Brexit’

Refreshingly frank discussion: Irish economist, David McWilliams in conversation with Greece’s ex-Finance Minister, Yanis Varoufakis. In the first, Yanis speaks openly and frankly about the dysfunctional nature of European politics and why he fears the eurozone faces ‘disintegration’. In the … Continue reading

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After the credit bubble: retail rightsizing just begun

Howard Davidowitz, founder and chairman at Davidowitz & Associates, examines the influence of the Chinese consumer, the threat of bankruptcy for retailers, and the importance of pricing in the retail business. Here is a direct video link. He also discusses … Continue reading

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Corporate debt swoons under deluded equity markets

The desperation for yield has been unprecedented this cycle as central banks encouraged epic mal-investment through repeated bouts of quantitative madness since 2010. High yield debt became an oxymoron with the riskiest corporate bonds paying investment-grade-like-rates of 5% and less … Continue reading

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Purchased politicians racing to block climate commitments

Purchased by the oil and gas industry (see a new report Corporate funding and ideological polarization about climate change), many GOP representatives are desperately searching for ways to block America’s commitment to climate help initiatives.  See:  GOP grasps for leverage … Continue reading

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Cheat-gate litigation update

A nice summary of the cheat-gate lawsuits underway in the motor vehicle industry. As yet still no talk of disgorging proceeds of crime from the executives who were bonused on fraudulent sales…See: Dealers fight back, but will we the people? While … Continue reading

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To start the holiday weekend: “Brazilian banking star arrested”

You have to hand it to them, bankers the world over are nothing if not consistent.  It’s just some countries have started arresting them, while others are so far still offering them plum spots, government influence and accolades… This too … Continue reading

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