The Chastising of the Markets: The Slippery Slope of Declining Confidence
About ten days ago Germany reported its latest deterioration in business climate. German companies expressed significant dissatisfaction with current business conditions. Most probably they have start comprehending that the disintegration of the Euro may have...Corporate Cash in Balance Sheets: What Does the Story Imply?
Corporate buybacks are used to return cash to stockholders. Moreover without committing to higher dividends they boost earnings per share, and anchor the spread of equity dispersion. In times when companies do not expect significant growth and the prospects of...The EU and the Amazing Act of Shooting Slower than its Shadow: Twenty One Eurogroup Meetings Later, Where is the Substance?
There are two opposing forces that are taking place in the EU. One pushes for greater political and economic integration, the other for greater disintegration. At the same time secession forces are aspired from Spain (Catalonia), Italy (Venice), U.K. (Scotland), and...The Markets and Zeno’s Dilemma: Transcending the Complexity of Transfinite Policies
The markets’ developments in the last few months may resemble Zeno’s paradox. According to it, the flight of an arrow signifies the impossibility of change or motion. At any given moment of an arrow’s flight the latter is where it is or where it is not. If it happens...The Ecosystem of Money: The Placebo Remedy to the Growth Dilemma
Let me be pretty blunt in this commentary. Growth is stalling almost everywhere due to the gargantuan amount of debt (public and private). Central banks have been exploiting their balance sheets, applying placebo treatments to their sick economies. These treatments...Sign Up for Our Publications
