Toolkit for eurozone survival.

Central Banking Journal, 1st March 2012 The eurozone’s short-term outlook depends on markets, voters, bureaucrats and politicians. Its longer term future requires radical change. Andrew Smithers considers the conditions that are needed for the eurozone to...

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...