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Tumpel-Gurgerell: Central banks need to be pricks…
…of asset bubbles. Asset bubbles and financial sector imbalances should be dealt with preemptively, she says. The financial crisis represents the greatest ever challenge for the euro, she says. 2009 will be very difficult. Deflating asset bubbles is likely to be the consensus change in the...
10 US banks to be allowed to repay TARP
Bloomberg is reporting that the US Treasury will announce later today that some of the largest US banks will be able to buy back shares which they had to sell to the government as part of...
Trichet: I did it my way
JCT, speaking at Jackson Hole Saturday, said that criticism of the ECB for being behind the curve on interest rate cuts was misplaced. “A gradualist approach of this kind may be the most effective antidote to the threat to price stability,” he said. That;s a bit of revisionist history, as...
G-8 starts planning stimulus exit strategies on recovery signs
The Group of Eight nations began considering how to reverse the emergency steps they took to rescue the world economy as it shows signs of...
Investing in Chinese Stocks: Capture Growth and Manage Risk
Investing in Chinese Stocks: Capture Growth and Manage Risk by Carl Delfeld, Investment U Senior Analyst Thursday, January 26, 2012: Issue #1694...