Tag Archives: economic growth

“The Policy Environment”—Bloomberg’s No-go Zone

A few days ago on Bloomberg Radio Tom Keene and Barry Ritholtz interviewed Stephen Stanley of Amherst Pierpont Securities, focusing on his gloomy outlook for GDP growth. Twice Stanley stated that the “policy environment” was holding back growth. First he … Continue reading

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Global Plague (Not Ebola – Econo-Imbecility)

Stock market jitters are not surprising. I have been shamelessly straddling the equity fence, saying rising earnings and low rates would enable stocks to “grind higher” but nevertheless the “risk of a correction” is high due to excessive complacency. Investors … Continue reading

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Joe Nocera Forgets History

Joe Nocera of the New York Times laments that the notorious billionaires on the Forbes 400 list mainly pay capital gains tax rates. He quotes Mitt Romney saying a low capital gains rate is “the right way to encourage economic … Continue reading

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