In a world economy gripped by fear and smothered in uncertainty, I managed to meet someone here able to shine a bright light through the gloom – Steve Ellis, worldwide managing director of consulting firm Bain & Co. Sure, we …
europe
Why This Stock Rally Can’t Be Trusted
This may be one of those rare moments when market strength is a signal of growing danger, rather than a sign of better times to come.
Curious CapitalistEconomy & Policy
Is U.S. Manufacturing Really Back?
Is America in the middle of a manufacturing job revival? The latest numbers would make it seem so. The U.S. has added more net manufacturing jobs since the start of 2010 than the rest of the G7 nations put together, with only two …
After Bleak Year on Wall Street, Bonuses on the Chopping Block
As Wall Street’s biggest banks prepare to report fourth quarter earnings for 2011, many analysts expect the results to cap off a horrible year — at least by their formerly high-flying pre-recession standards. As a result, …
The Loss of Upward Mobility in the U.S.
Economic mobility is becoming a more prominent issue in the 2012 Republican presidential race, and will likely be widely discussed in the general election. The GOP’s remaining top-tier candidates — Mitt Romney, Rick Santorum, …
What Last Year’s Stock Market Says about 2012
Day to day, the stock market may feel like a roller-coaster, but in fact the U.S. is experiencing stagnation with a very, very faint upward trend.
Why Europe’s Downgrades Matter
Rating agencies have just downgraded the economic outlook for seven European countries. Does that really matter, or is it just acknowledging problems that everyone already knows about?
Can the U.S. Recovery Continue Without Europe?
A strange thing has happened as the debt crisis in Europe has gotten worse: The U.S. economy has, surprisingly, improved.
First of all, the outlook for the job market is looking brighter. On Thursday, the Labor Department …
How to Find Travel Bargains in the Troubled Eurozone
The Euro is about as low relative to the U.S. dollar as it’s been all year, as policymakers and bankers alike fret that the shared currency masks deep sovereign debt problems and that the European economy is about to slide into …
Smart Money Is Quietly Fleeing Euro Troubles
The U.S. stock market rallied Friday on hopes that the most recent bailout would save the common European currency and thus reduce the risk of economic and banking problems around the world. Almost immediately, however, cracks …
Curious CapitalistThe Economy
Why the Euro Crisis Proves Stocks Are the New Bonds
Woe to the unfortunate souls still exposed to European debt. The smart money (read: people like Warren Buffett and the world’s more successful hedge funders) got out of it a year and a half ago. It almost doesn’t matter whether …
Curious CapitalistEurope
Why the Euro Crisis Proves Stocks Are The New Bonds
Woe to the unfortunate souls still exposed to European debt. The smart money (read: people like Warren Buffett and the world’s more successful hedge funders) got out of it a year and a half ago. It almost doesn’t matter …
