Tag Archives: JP Morgan Chase
The financial crisis was good for some
All the chest-beating about the financial crisis distracts attention from the fact that many parties gained from it. Governments – except for a few peripheral countries – obtained cheap financing. The US benefiited from a boost to international demand for the dollar, helping to put the euro in its place, just as a previous wave…
» Continue Reading
So what’s up?
Apart from the nomination of Janet Yellen ( a lovely, motherly person) to lead the Fed, what has happened since we departed for our summer/autumn long vacation? As always, the view one takes depends on your perspective. Are you the driver of a car negotiating tricky twists and turns, looking for traffic coming at…
» Continue Reading