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December 2019
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State of US economic recovery

Almost three years after the recession ended, where do we stand now, in terms of employment and investment?

Not much to cheer about.

(Graph courtesy of San Francisco Fed. )

 

Are we repeating the same mistakes as Japan?

Debt-deleveraging and its economic consequences.

The perspective from Japan – interview of Richard Koo of Nomura.




David Rosenberg shares his latest assessment of data points. He called another recession “virtual certainty”.

Lowenstein: The future of Wall Street

Interview of Roger Lowenstein,  author of “When Genius Failed: The Rise and Fall of Long-Term Capital Management” and “Buffett: The Making of an American Capitalist.”

Link to the interview, about 45 mins.  A good history review of what went wrong.