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New York Times (December 14)

2023/ 12/ 16 by jd in Global News

“The markets have been climbing since July — and have been positively buoyant since late October — on the assumption that truly good times are in the offing. That may turn out to be a correct assumption,” but the Fed “went out of its way to say that it is positioning itself for maximum flexibility. Prudent investors may want to do the same.”

 

Financial Times (October 30)

2019/ 10/ 31 by jd in Global News

“As the world economy slows and even Germany’s economy shows signs of weakness…. Policymakers in Germany and elsewhere should promote public and private spending—investment, above all. Huge opportunities do seem to exist. Moreover, the chance to borrow at today’s ultra-low long-term interest rates is a blessing, not curse…. In today’s economy, it is the only prudent thing to do.”

 

The Economist (October 6)

2018/ 10/ 08 by jd in Global News

“Europe has caught China’s eye. Chinese investments there have soared, to nearly €36bn ($40bn) in 2016—almost double the previous years’ total…. For the most part, this money is welcome….. However, China is also using its financial muscle to buy political influence…. It is only prudent for Europeans to be nervous.”

 

New York Times (August 10)

2017/ 08/ 12 by jd in Global News

“Mr. Trump has again made himself the focus of attention, when it should be Kim Jong-un, the ruthless North Korean leader, and his accelerating nuclear program.” His “threats have also diverted attention from a genuine accomplishment, the new Security Council sanctions.” This is a time for “prudent, disciplined leadership…. Rhetorically stomping his feet, as he did on Tuesday, is not just irresponsible; it is dangerous.”

 

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