While many analysts fear that quantitative easing is blowing a bubble in U.S. stocks, UBS is increasing its allocation, citing earnings expectations.
What bubble? We are still buying US stocks: UBS
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Economics
The real fissure
The convulsions in Washington are not about whether Congress and the President can find a way to raise the debt ceiling and re-open the government.
China’s American bailout?
The relationship between China’s export-led GDP growth and America’s over-consumption has shaped the twenty-first-century global economy.
Unlocking the playing field for emerging markets
Up to 60 percent of global transactions are conducted in U.S. dollars, more than one-third of world economic output is produced in dollar
Should Fed’s Policies Rule the World?
Up to 60 percent of global transactions are conducted in U.S. dollars, more than one-third of world economic output is produced in dollar
Copycat Capitalists
Given the West’s anemic growth performance in recent years, it is hardly surprising that envy of China’s economic dynamism has manifested
Markets Insight: US companies must use cash piles for capex
The first-quarter earnings season is well under way and the S&P 500 has hit a record high. US companies are earning more per dollar of
Forget Cyprus: Focus on the Big and Slow
In nature, some animals have very poor eyesight, such that they can hardly see anything that isn’t moving. In the film Jurassic Park,
Currency Trading Is Interesting Again
Side effects are unavoidable in the pharmaceutical industry. All drugs cause them, but sometimes they lead to great opportunities. Think Viagra,
Finance can fund a revolution in giving
Side effects are unavoidable in the pharmaceutical industry. All drugs cause them, but sometimes they lead to great opportunities. Think Viagra,
It’s time for you to fire the silver bullet, Mr Draghi
In folklore, a silver bullet is a popular way to slay the monster. In the real world, we are used to hearing policymakers tell us there are
Euro break-up: The consequences
The Euro should not exist.
More specifically, the Euro as it is currently constituted – with its current structure and current membership
The New Lombard Street: How the Fed Became the Dealer of Last Resort
Titles of books are funny things. In theory, they succinctly convey the content. Yet in the case of Perry Mehrling’s latest book, The New
Insight: Further intervention is necessary
After US Treasury Secretary Hank Paulson’s brave stand on “moral hazard” at the weekend, it took less than 48 hours for pragmatism to