Justin Lahart (of the Wall Street Journal's Ahead of the Tape column) correctly called the fall in the monthly trade deficit last Thursday. But he - channeling Jim Griffin of ING investment managemen…

Check out today's Wall Street Journal story on Hong Kong Disneyland.  It doesn't seem to be living up to expectations.Disney is making dozens of changes to make the experience more understandable to …

The q1 current account deficit got revised up (income and transfers always looked a bit low).   And q2  is a bit bigger than q1.     As Lex notes, the US income balance is pretty clearly now in the r…

I suspect I am one of a very small number of people who eagerly awaits the publication of the Treasury’s annual survey for foreign portfolio investment.     Wall Street doesn’t find it particularly u…

What follows is a bit of an experiment.   I am posting -- with permission -- a lightly edited version of an email exchange that I had with a global equity portfolio manager a few days ago.   Like all…