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Fortune (December 5)

2018/ 12/ 07 by jd in Global News

“The chances of the U.K. canceling Brexit have just shot up.” JP Morgan economist Malcolm Barr told clients, “the chances of no Brexit had doubled from 20% to 40%, the chances of the U.K. leaving the EU without a deal had halved from 20% to 10%, and the chances of an ‘orderly negotiated Brexit’ were down from 60% to 50%.”

 

Washington Post (September 16)

2013/ 09/ 17 by jd in Global News

Acknowledging he was tainted, Lawrence Summers withdrew from consideration for appointment as Federal Reserve chairman. Global markets surged as the dovish Janet Yellen now looks better positioned to win the influential post. “Shed no tears” for Larry. “Though brilliant, the Harvard economist has nonetheless ticked off too many people in his long and brash career, not only on policy grounds but also because of his famously caustic personality. Note to future careerists: Niceness counts.”

 

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