Category Archives: Uncategorized

Larry Summers on inequality and Piketty – FT

There is an attempt to make capitalism more inclusive. But who is it excluding? John Authers asks former US treasury secretary Larry Summers if he agrees with Thomas Piketty’s thesis that inequality is increasing, and asks how capitalism can be … Continue reading

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Doubts over Piketty inequality data – FT

FT economics editor Chris Giles and FT global economy news editor Ferdinando Giugliano raise doubts about the validity of the data in ‘Capital in the Twenty-First Century’ by Thomas Piketty, which claims that wealth inequality is rising. For more video … Continue reading

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What India’s Vote Mean – NY Times

As Narendra Modi swept into power as prime minister-elect Friday, a look at what India’s vote means.  – NY Times (click here if video is not observable)  

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S&P500 Heat Map – May 15

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S&P500 Heat Map – May 14

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S&P500 Heat Map – May 12

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Modi poised for victory – FT

Many people in India say there is no alternative — Narendra Modi may be tainted by his links to violence against Muslims in Gujarat in 2002, but he looks well positioned to benefit from the backlash against the Congress Party. … Continue reading

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S&P500 Heat Map – May 9

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Russell 2000 and S&P500 diverge in a yellow wood

Note the fairly significant divergence between the S&P500 and Russell 2000.   We’ve noted in past posts that the divergence may signal a coming stock correction, which, in fact played out.   See here and here. (click here if chart is not … Continue reading

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S&P500 Heat Map – May 8

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