THE BIG PICTURE Today’s Big Picture view revolves around the probable coming re-regulation of the financial markets. History shows regulation of markets is similar to a grandfather’s clock pendulum swinging back and forth although not as regular. A brief look back to the start of the 20 th...
GLOBAL VIEW . Yep, when I started reading the Bloomberg newswire this morning, I found: (1) that European “retail sales declined -2.9% in April, more than three times as much as economists forecast,” (2) that March’s retail spending was revised downward from -1.6% to -2.3%, (3) that...
This week in Outside the Box we look at two brief essays which give us different perspective on the Continuing Crisis. The first is by Mohamed El-Erian, the co-chief executive and co-chief investment officer of Pimco. His book, 'When Markets Collide: Investment Strategies for the Age of Global Economic...