Daily Archives: March 16, 2016

Chinese consumers pulling back

It’s not just US retail sales that have been looking recessionary… Forget luxury bags and high-end wine, Chinese consumers are now pinching pennies even when it comes to things like toothpaste and instant noodles. Reuters’ Adam Jourdan explains why this … Continue reading

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The Fed’s next trick ‘live’

Cue crickets…. In the meantime, watching David Stockman spew facts at teleprompter readers is always worth a giggle:  dead cat bounce? “The cat is already buried!”  “The Fed is completely lost in its Keynesian puzzle palace.”  Good one. Here is … Continue reading

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Breakthrough: UK rolls out tax on sugary drinks

The hard right and big food corps will insist government has no role to play in regulating business or behavior–and that is self-serving rubbish.  Thinking people appreciate that, as we do with alcohol and cigarettes, an intelligent society must deter … Continue reading

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Roach: ‘Fiddling while economy burns’

What needs to happen for economy to recover? Pay down debt and build up savings substantially over time. Yale University Senior Fellow Stephen Roach discusses the Federal Reserve’s attempts to boost the U.S. economy through monetary policy and what steps … Continue reading

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Eye on the donut on Fed day

As business media spends the day hyping up the magic expected from today’s 2pm announcement from Fed ‘oracle’ Janet Yellen, investors would be wise to keep some math and reality about us.  The finance machine continues to gorge on taxpayer … Continue reading

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