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Showing posts with label wall street. Show all posts
Showing posts with label wall street. Show all posts

Saturday, February 2, 2013

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A decade of slow growth?

By Fareed Zakaria From: Cnn.com: Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort.

Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world.

It is genuinely global in a way that few conferences are...


Monday, November 26, 2012

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6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term "fiscal cliff," it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media.

The fiscal cliff refers to the enactment of a number of laws that would, if not changed before Jan. 1, 2013, FULL STORY


Monday, November 19, 2012

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The U.S. Recovery Has Been Spectacular*

We need a real recovery. That's what Mitt Romney said during the campaign, and he was right.

Five years since the start of the Great Recession, unemployment is still far too high.

It's not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it's not.

Catchup growth is the new Godot.

U.S.Recovery *Compared to almost every other rich country and almost every other financial crisis.


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