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Category Archives: Main Page
Roach on US economy, Fed policy and China
Stephen Roach, a senior fellow at Yale University and former non-executive chairman for Morgan Stanley in Asia, offers some cogent thoughts on Federal Reserve policy, the U.S. economy and the Federal budget. He also speaks about China. He has been … Continue reading
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The truth about aggressive return assumptions and reaching for yield
Last week Detroit outlined its plan for necessary financial restructuring in bankruptcy. The emergency management team reviewed the cities public pension plans and found that the combined underfunding totaled $3.5 billion for the $2.77 billion Detroit General Retirement System and … Continue reading
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All the Fed all the time
When the headlines are all about what the Federal Reserve will or won’t do this week, we can know for sure that today’s equity market is nothing to do with valuable investment opportunity and everything to do with unreasonable hype … Continue reading
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