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The price of monetary madness

In a world where growth is scarce and prospects aren’t improving, an unspoken currency war has broken out. The short term pay-off might be a boost in exports, but, according to Bloomberg View’s Mark Gilbert, there can be no real … Continue reading →

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Bankers: America’s most wanted

Lately we have taken to calling business television “America’s Most Wanted”.  In truth though, the endless media parade of banking ‘experts’ from the world’s largest financial institutions is actually more like “The World’s Most Wanted”. Another day, another–no doubt toothless–investigation … Continue reading →

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Obama directs fiduciary standard on pension advisors

Obama is finally (at least 7 years late) directing the federally governed Department of Labor to require retirement advisers working under its plans “to abide by a ‘fiduciary’ standard — putting their clients’ best interest before their own profit”. The … Continue reading →

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