The FT reports: The US fiscal stimulus package agreed late last year and the Federal Reserve’s autumn decision to restart quantitative easing have significantly improved
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Are US municipal bonds the next tipping point?
I’ve been saying US municipal bonds may be the harbinger of the next banking crisis since the middle of last year. I note the FT
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Don’t doubt that the major corporates are still tax avoiding for all it’s worth
Bloomberg have produced another of Jesse Drucker’s stunning reports on tax avoidance in the last couple of days. This one is wholly US focussed, but
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The US is a banana republic
Just say no
Democrats in the House of Representatives have rejected White House efforts to build support for a deal extending Bush-era tax cuts, saying they will not
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The worst part of this job
The worst part of the job I do is international travel. It was two countries last week. I’m off again — to the States —
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The b*****ds are back in town
As the FT notes: Political opposition to the US Federal Reserve’s new $600bn round of quantitative easing — nicknamed QE2 — is becoming a push
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The Fed has a duty to foster maximum employment
Interesting that Martin Wolf notes today: The Fed, added the chairman, has a dual mandate, to foster maximum employment and price stability. Doing nothing would
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What the world did not need now
The Family Wealth Report has reported today that: Barclays Wealth has launched a national US trust company, called Barclays Wealth Trustees and to be based
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Richard Murphy
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