E Pluribus Unum: A Conversation about the Past and the Future with Joseph, William III of England, Edmund Burk, Thomas Paine, and William McChesney Martin
I boarded the flight from Chicago to London. From the plane’s speakers I could clearly hear Tom Petty’s voice singing his song about “dancing in the zombie zoo”. “How appropriate”, I thought. “It seems that we have a zombie economy which dances around equities’ gains,...A Prelude to the Historical Inevitability of Price Waves and Rhythms: Part II of Assessing Economic Prospects for 2014 and Handel’s Call for a Rebirth
Numbers reveal conceptual relationships. Price movements become powerful sources of inferential knowledge regarding changing historical conditions. The rhythms of price movements signify an historical inevitability as has been shown over the course of the millennia....Market Prospects, Montesquieu, and Nirvana: Assessing Expectations in 2014, Part I
All signs – as initially discussed below – point to a good year for equities in 2014. Of course, we are not deaf to the voices that talk about a stock market bubble, however and as we pointed out before we do not believe that we are dealing with a bubble, at least not...The Volcker Rule and the Safeguarding of the Financial System: Time to Wind-Down International Toxic Risk
Next Tuesday U.S. regulators are expected to approve a stricter version of the Volcker rule. The latter prohibits banks from proprietary trading which was at the heart of the financial crisis not only in 2008 but also last year when J.P.Morgan lost more than $6...Sign Up for Our Publications
