Author: Vivian Lewis

The Fed is not ready for its exit strategy yet. It is certainly not raising interest rates.   Moreover, reversing course, at the Federal Open Market Committee meeting yesterday, the central bank board opted to buy $2.05...

Today we are waiting for Godot or the Fed. Michael Kurtz of Australia’s Macquarie Research writes that Chinese demand for empty property units is “perversely rational”   * A Chinese Academy of Social...

Aligning the interests of executives of a company with those of shareholders is the motivation for the welter of forever-cheap share options, piled on overlapping benefits, flower and football allowances, indefensible private...

This is the last Friday newsletter you will get in August. We may also cut out another day if there is nothing to say.Yesterday here in London I lunched with a source on Greece who is about to hit the islands for a holiday to be...

China’s stress tests are proving more stressful than those in the USA or Europe. The Beijing version required that banks test for a 50-60% drop in real estate prices. This has spooked the share prices of China’s...

Have you eaten rice today? Or steak?It’s not just the Russian drought that is turning our eyes to agriculture. John Baron in The Investors Chronicle, a local stock market mag, writes:The global population is set to...

Have you eaten rice today? Or steak?It’s not just the Russian drought that is turning our eyes to agriculture. John Baron in The Investors Chronicle, a local stock market mag, writes:The global population is set to...

It is one of the USA myths that the government’s stimulus measures are discouraging private investment by households, corporations, and banks. Uncertainty, fear of anti-business rhetoric, concerns about tax increases,...