11th May 2012
Nelson D. Schwartz says JPMorgan Chase's $2 billion trading loss could give supporters of tighter financial regulation a huge new piece of ammunition as they fight a last-ditch battle with the banks to strengthen the Volcker Rule. Deal Book
"We foresee no crisis or credit event in the wings; just a slow descent into stagflation (slow growth coupled with high inflation) -or even recession, should policies remain inflexible for too long a time." – Food for thought, considering Argentina still has a lot of social problems to resolve. Beyond Brics
This piece questions the 'real' value of the S&P 500 considering 1150 S&P points have been 'created-or-saved' since March 2009 thanks to the Federal Reserve's assistance. "That is a cost of $2 billion (not million!) for every S&P 500 point! Zero Hedge
Noeleen Heyzer insists that as long as policymakers make the right policy choices i.e. building a sustainable pathway to shared prosperity, then Asian economies will flourish in the context of sustained global uncertainty. Project Syndicate
Joe Wiesenthal says something that can't be said enough: "The fact of the matter is that there's no example in Europe, yet, where the bond market has rewarded austerity." The Conscience of a Liberal
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