The Great Debate UK

Signs are positive for markets and economy

February 12, 2010

SCHWAB.IMG_4329-Kully Samra is UK Branch Director at Charles Schwab. The opinions expressed are his own.-

from The Great Debate:

Fed redux: Making policy behind the curve

January 29, 2010

-- John Kemp is a Reuters columnist. The opinions expressed are his own. --

With clear signs the U.S. and world economies have returned to growth, investors are trying to guess when the Federal Reserve will begin to raise interest rates again.

from Breakingviews:

China needs fertilizer more than steel

January 28, 2010

China needs fertilizer more than steel. If the Middle Kingdom's industrialization follows the course of other nations, per capita demand for infrastructure like concrete and steel will peak long before meat consumption.

from The Great Debate:

There’s no way to hedge politics

January 26, 2010

Ben Bernanke in peril and the Volcker crackdown on proprietary trading by banks show two truths of the current dispensation: there is no effective hedge against politics and the reflation trade rests on fragile foundations.

from Breakingviews:

Cash, not China, is Google’s biggest problem

January 21, 2010

Cash, not China, is Google's  biggest conundrum. More precisely, where should the search giant point its gusher of greenbacks?

from Breakingviews:

Has Greece delivered another Trojan horse?

January 14, 2010

Greece's economic statistics are dubious in more than one sense. The country probably bent its figures to get into the euro zone. Now, the EU is angry that Greece has not been straightforward about the size of its fiscal deficit. But the greater doubts concern how an uncompetitive, highly indebted, weakly governed country can live with a strong currency such as the euro.

from Breakingviews:

China’s tweaks won’t cure financial excess

January 14, 2010

weigu.jpgA month before China ushers in the year of the Tiger, its central bank has begun to address the effects of its roaring liquidity boom. It is encouraging that the authorities in Beijing are alert to the threat of an overheating financial system. But with so many countervailing forces, the liquidity tiger will not be tamed so easily.

from The Great Debate:

Icelandic, Greek sagas show sovereign risks

January 7, 2010

-- James Saft is a Reuters columnist. The opinions expressed are his own. --

Developments in cash-strapped Iceland and Greece nicely illustrate two themes for 2010: sovereign risk and financial balkanization.

from Breakingviews:

Recovery leaves too many big problems unsolved

By Edward Hadas
January 4, 2010

ed hadas.jpgThe economic worst is past. But there are many issues left to worry about.

Start with the good news. GDP is now growing almost everywhere, while the unemployment rate is hardly rising anywhere. Businesses and consumers are less fearful. As much as half of the 20 percent decline in international trade has been erased.