What Davos could do with bonuses.

Financial News, a Dow Jones Company, 23rd January 2012 More than 2,500 of the world’s top politicians, bankers and industrialists meet at the snow-covered Swiss mountain village of Davos on Wednesday [Jan 25] for the start of the annual five-day conference of...

Skewed view of cash raises questions.

FundWeb – Fund Strategy. , 5th December 2011 American companies hoard cash as a safety-net against falling margins. But superficial data gives a false picture of economic health – corporate spending needs to increase to aid recovery. The large amounts of...

The World Could Do Well, But….

Nikkei Veritas – Market Eye column, 27th July 2011 There has been a profound change in the world economy. From 1950 to around 1985, the developed and emerging worlds grew at a similar pace; since then the less developed countries have been catching up. Unless...

Watch out if Wall Street falters.

Financial News, a Dow Jones Company., 20th June 2011 I was recently having a convivial lunch with a group of economists and journalists and found that there was a consensus that the next year looked alright for economies and markets, but thereafter the outlook was...