by Bruce | September 30, 2011 | Articles, Finance, Globalization
Enough with the bad news. Let’s turn to the US. (No, this is not the introduction to a stand-up comedy routine.) US Trust publishes a regular Investment Advisory Overview, and in the current issue (August 2011), after the obligatory macroeconomic analysis, they...
by Bruce | September 28, 2011 | Articles, Finance, Globalization
Third and last (at least for now) in our series on the crisis in the Eurozone. Our question for the day is simple: Who believes the Eurozone can survive as currently constituted? As usual, Martin Wolf of the FT has some lucid observations. He starts by...
by Bruce | September 16, 2011 | Articles, Finance, Globalization
Some conceptual confusion seems to be surrounding the crisis in the Eurozone, over whether it’s a banking crisis or a sovereign debt crisis. Answer B. Why isn’t it a banking crisis, as the pressures on Societe General, Banco Santander, BNP Paribas,...
by Bruce | September 14, 2011 | Articles, Finance, Globalization
What is going on in the Eurozone? The always sane Martin Wolf writes in the FT: “Perhaps future historians will consider Maastricht a decisive step towards the emergence of a stable, European-wide power. Yet there is another, darker possibility … The...
by Bruce | September 9, 2011 | Articles, Finance, Practice Group Management, Strategy
It’s quite the fashion to want to learn from what Google does, but because so much of what it does is thoroughly sui generis, true opportunities to adopt some of their management wisdom are fewer and farther between than many breathless business correspondents...
by Bruce | August 31, 2011 | Articles, Finance, Globalization
Liz Kurtz, a reporter for BigLaw, asked me earlier this week: The stock market has been quite volatile lately, and intimations of a “double dip recession” seem always to be lurking, in the reports of a persistently weak economy and in dire predictions of...