Pages
- About
- Climate
- Humour
- Index Investing: The Fallout
- Joy of Charts
- BoA ML Fund Manager Survey
- Canadian Economy
- Central Europe’s Special Hell
- China: Boom to Bust?
- Commodities
- Euro: Breaking Up Isn’t Easy
- Fund Flows
- Obama’s Approval Rating
- Renewable Energy
- Spanish Economy
- St Louis Fed Economic Charts
- The Economist’s Big Mac Index
- The Stock Market
- UK Economy
- US Banks
- US Economy
- US Property Market
- VIX Volatility Index
- Subprime Mortgage Scandal
- US economic charts
- Wordbites
Categories
Archives
Tags
Asia banks bond market bond markets Brazil Canada CFTC China clean energy climate coal commodities consumer Deutsche Bank ECB electric cars EPA ETF EU Euro France Germany global warming Goldman Sachs Greece housing Hypo Real Estate Ireland Italy Japan manufacturing Morgan Stanley mutual funds Obama oil Portugal regulation retail sovereign debt crisis Spain UK Unemployment US Wall St WTO
Tag Archives: Goldman Sachs
To Win the Election, Obama and Romney Must Promise to Break Up the Big Banks
Campaigning for a break-up of the big banks has gone mainstream. If Obama is to win the election, he will have to stand up for the middle class, which is fed up with the unfairness of the present economic system. This means he will have to tackle the concentration of bank power that continues to threaten economic stability. For while the overarching purpose of the Dodd–Frank reforms was to end Too-Big-Too-Fail, it may actually be increasing banking industry concentration and preventing the economic recovery.
Posted in Companies, Economy, Fund Management, Politics, Uncategorized Also tagged Bank of America, Citigroup, Dodd-Frank, Federal Reserve, financial crisis, France, JP Morgan Chase, Morgan Stanley, Too-Big-Too-Fail, UK, US, Wells Fargo Comments closed
Bursting the Bubble of Chinese Competitiveness
What should alarm investors in Asia is the speed at which China is losing competitiveness. Inflation in China is probably more intractable than official headline statistics reveal, and because Chinese productivity is failing to keep pace with wage increases, while US productivity is far outstripping wage increases, the wage differential between the US and China is being compressed. So significant is the loss of Chinese competitiveness, that it’s argued that American manufacturing could experience a renaissance over the next five years.
Posted in Commodities, Companies, Economy, Uncategorized Also tagged China, manufacturing, offshoring, onshoring Comments closed
Ecofascism Has Wrecked The Global Warming Movement