Japan
The Lost Decade Ahead
“The worst is behind for the economy, and we’re on the mend,” was the quote of the week, and it came from David Katz, chief investment officer of Matrix Asset Advisors. (Katz was interviewed for a piece on Bloomberg.com this morning.) This wonderful summation regarding the state of the economy came on the heels of [...]
The End of Easy Money- by Greg Strid
The End of Easy Money
Stock markets around the world have been slapped
around the past few days, with the worst carnage
occurring today. The venerable Dow and S&P indexes
were each down by 2.3 percent, and the tech-laden
Nasdaq was off 1.8 percent. Losses of 2 percent were
the norm across continental Europe; the greatest pain
was experienced in Great Britain, [...]
News Flash: International Cooperation Pays
The hottest game show on the international scene, “Where’s
My Nuke?â€, featured a feisty contestant named Kim Jong il this
week. He is known for his fondness of scotch, American
movies, and fast, luxurious automobiles. On Tuesday, he chose
to strike a deal with the game’s team of hosts- the United States
and its partners (China, Russia, [...]
The new Japan
A week after Shinzo Abe, Japan’s new prime minister, was elected by a two-
thirds majority in the lower house of parliament, North Korea announced that
it would carry out a nuclear weapons test. Abe’s response to the latest
irrational utterance from the warped kingdom of Mr. Kim was very firm;
this would be considered an unforgivable act, [...]
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