Danielle was a guest this week with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets. You can listen to an an audio link of the segment here.
Are our personal choices helping or hindering life on earth?
Like our firm Venable Park Investment Counsel, Hoisington Investment Management, manages the capital under its care as long-term pension savings on which owners are depending for their present and future security. This 30-minute audio interview is worth listening to a couple of times. No slick sales pitch here, just valuable information and insight. Direct audio link.
Dr. Lacy Hunt is an internationally recognized economist and the Executive V.P. and Chief Economist of Hoisington Investment Management Company, a firm that manages over $4.5 billion USD and specializing in the management of fixed income accounts for large institutional clients. He also served as Senior Economist for the Federal Reserve Bank of Dallas, where he was a member of the Federal Reserve System Committee on Financial Analysis.
It is important for thinking people to acknowledge that the financial sector that continues to hollow out the real economy, social stability and the rule of law today, has been aided and abetted by both political parties, over the past 30 years. Meaningful change requires more than just swapping in different speech-reading figureheads.
Critical first step is to re-separate investment sales from financial advisory and deposit-taking banks (Return to Glass-Steagal Act was proposed in 2013), and then to jam the revolving door between financial sector jobs and government.
On Reality Asserts Itself, Thomas Frank, author of Listen Liberal, says Democratic Party administrations allowed the big banks to run economic policy and create exploding income inequality – with host Paul Jay. Here is a direct video link.
Cory’s Chart Corner
