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Wall Street Breakfast: Must-Know News [View article]
Deficits in excess of 10% of GDP; an administration and Congress committed to increasing healthcare costs and reducing ernergy efficiency.
A fed committed to real negative interest rates "for a prolonged period", and quantitative easing.
In the long run, a weak dollar will be part of the answer to our profligate ways. It is just a good thing that the rest of the world has no attractive place to go without the Chinese hurting themselves.
Wall Street Breakfast: Must-Know News [View article]
I once worked for a brewery which was bought by Paul Kalmanovitz - Pabst, Pearl, Falstaff, Naragansett, Lucky, and lots of others. His genius was in understanding the potential of fading brands to deliver great cash flow if you didn't get confused about investing in personnel, facilities, R&D, or marketing.
Has anyone read the Fiat strategic plan? Or the CEO's mind?
Wall Street Breakfast: Must-Know News [View article]