Tag Archives: Economics

UK Services PMI Rises to 52.9

(click here if chart is not observable)

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Quote of the Day: Lightning Speed Economics

In today’s FT column Larry Summers quotes our late friend Rudiger Dornbusch, In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.

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The Weekend Read

Money Quote of the Week: On China: “Real estate is the dragon head that drives industry, design, construction, steel and cement companies along”…Lending is not a problem. Banks need to lend money out and the top 10 property developers will … Continue reading

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Quote of the Day

LBJ has a treasure and given our economics background,  this is one of his best, Making a speech on economics is a lot like pissing down your leg. It seems hot to you, but it never does to anyone else. … Continue reading

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The Corruption of Academia

I saw Inside Job yesterday, which is a must view for anyone in the financial industry.  Clearly it has a lefty perspective and is very tough on the Street, but some scenes are illuminating and priceless.  The corruption of the … Continue reading

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