The Great Debate

from Breakingviews:

American banking has its own Tea Party

November 25, 2014

By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Anatole Kaletsky:

Time for a ‘melt-up’: The coming global boom

By Anatole Kaletsky
November 14, 2014

European Central Bank Governor Mario Draghi speaks at a news conference during the World Bank/IMF annual meetings in Washington

Get ready for a “melt-up.”

Back in mid-October, as stock markets around the world plunged faster than at any time since 2011, many investors and economists feared a meltdown. But with the U.S. economy steadily expanding, monetary and fiscal policies becoming more stimulative in other parts of the world and the autumn season for financial crises now over, a melt-up seems far more likely.

from Breakingviews:

Don’t blame the messenger, Jefferies

November 3, 2014

By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

from Breakingviews:

Why Citigroup would be better in bits

September 2, 2014

By Rob Cox

The author is a Breakingviews columnist. The opinions expressed are his own. 

Nine years ago, Breakingviews proposed an “extreme idea” to Citigroup’s then-leader Charles Prince. The $240 billion New York bank’s market capitalization was lower than the worth of its parts valued separately. By splitting into three separate units, the idea was, Prince could hand shareholders an extra $50 billion or so, the equivalent of one entire U.S. Bancorp at the time.

from Anatole Kaletsky:

Yellen’s remarkably unremarkable news conference – and why it’s a good thing

By Anatole Kaletsky
June 19, 2014

Yellen holds a news conference following two-day Federal Open Market Committee meeting at the Federal Reserve in WashingtonJohn Maynard Keynes famously said that his highest ambition was to make economic policy as boring as dentistry. In this respect, as in so many others, Federal Reserve Chair Janet Yellen is proving to be a loyal Keynesian.

from Breakingviews:

Rob Cox: The worry now is a brewing M&A bubble

May 13, 2014

By Rob Cox
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Bethany McLean:

How Ralph Nader learned to love Fannie and Freddie

By Bethany McLean
February 18, 2014

Corrects story issued February 18 in third-to-last paragraph regarding efforts to contact Ralph  Nader.

Populism: The Democrats’ great divide

By Robert L. Borosage
February 5, 2014

One day after President Barack Obama called for moving forward on trade authority in his State of the Union address, Senate Majority Leader Harry Reid (D-Nev.) declared, “I am against fast track,” and said he had no intention of bringing it to a vote in the Senate.

Obama’s small steps won’t fix inequality

By Helaine Olen
January 30, 2014

President Barack Obama is taking on the challenge of increasing the United States’ all but stagnant economic mobility.

Why conservatives spin fairytales about the gold standard

By Charles Postel
September 17, 2013

ILLUSTRATION: Matt Mahurin

The Federal Reserve is celebrating its 100th birthday trapped in a political bunker.