The Case for US Fiscal Stimulus.

Nikkei Veritas – Market Eye column, 25th February 2008 The weakness of the US economy has produced calls for a tax cut. Since politicians love bribing voters with their own money, particularly in a presidential election year, the idea has been taken up...

False Impressions.

Financial World, 1st December 2007 Financial markets are inherently unstable, says Andrew Smithers, and the view that corporate balance sheets are in good shape is an illusion. Financial markets are liable to shocks in many forms. Political and economic events are by...