The Economist (June 11)
“Britain is stuck in a 15-year rut. It likes to think of itself as a dynamic, free-market place, but its economy lags behind much of the rich world. There is plenty of speechifying about growth, and no shortage of ideas about how to turn the country round. But the mettle and strategic thinking that reform requires are absent.”
Tags: Dynamic, Economy, Free market, Growth, Ideas, Lags, Mettle, Reform, Rich world, Rut, Speechifying, Strategic thinking, UK
Financial Times (June 2)
“Cloudy with chance of hurricanes for Wall Street.” Jamie Dimon the head of JPMorgan Chase, started the rush to use “meteorological metaphors to make sense of the economic turbulence.” After speaking of big storm clouds and a hurricane striking the economy, other bankers followed suit. Only a few, like Goldman Sachs chief John Waldron, refused to play along. He rejected the use of “any weather analogies,” but largely agreed the outlook is complex and dynamic, “The confluence of the number of shocks to the system, to me, is unprecedented.”
Tags: Bankers, Cloudy, Complex, Dimon, Dynamic, Economic turbulence, Economy, Goldman Sachs, Hurricane, Hurricanes, JPMorgan Chase, Metaphors, Meteorological, Shocks, Storm clouds, Unprecedented, Waldron, Wall Street
Washington Post (June 29)
Saudi deputy crown prince Mohammed bin Salman (MBS) “has the potential to rebuild Saudi Arabia into a more dynamic country that’s much more able to protect its security and that of its neighbors.” Unfortunately, he is “also capable of driving his country off a cliff with his headstrong, sometimes reckless behavior. The stakes for the United States are enormous.”
Tags: Cliff, Dynamic, Headstrong, MBS, Neighbors, Reckless, Saudi Arabia, Security
Institutional Investor (August Issue)
Over the past decade, Brazil produced stellar returns. Internal strife and the looming tapering by the Federal Reserve are now, however, disrupting the long favorable investment environment. “Brazilian investors have not faced such uncertainty for many years. The country attracted investment because it appeared to be one of the most dynamic and politically stable emerging markets. The return of volatility will tax the ingenuity of Brazil’s money managers.”
Tags: Brazil, Dynamic, Emerging markets, Fed, Investment, Money manager, Returns, Stable, Tapering, Uncertainty, Volatility
