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September 30, 2008

Financial Markets
A new reason to be bullish on America: It is (almost) Sweden

A Merrill Lynch strategist seems to have come up with a new reason to buy stocks: The US isn’t far from adopting the “Swedish” approach to managing a financial crisis – and that didn’t turn out to …

November 3, 2008

United States
Economic Policy Challenges for the Next Administration

The incoming President faces a series of daunting economic challenges including a global financial crisis, a growing budget deficit, and, as the graph above indicates, a potentially severe recessio…

Economic Policy Challenges for the Next Administration

November 10, 2008

China
China Embraces Keynes

In a move intended to counter slowing economic growth, China announced its largest ever fiscal stimulus plan of four trillion yuan ($586 billion). The two year package, which includes spending on h…

China Embraces Keynes

February 10, 2009

Financial Markets
Toxic banks or toxic assets?

Two weeks ago, George Soros memorably framed the core choice the US now faces as a choice between buying toxic assets or taking over toxic banks. “The hard choice facing the Obama administration is …

September 21, 2009

China
China’s External Investments

This chart shows China’s overweight or underweight observed external investment position since 2000 in a given sector relative to that sector’s share of world market capitalization. A positive numb…

2009.9.21.ChinasExternalInvestmentBiasNameFIX