Building concerns

“As for the rest of the billions, it’s not clear precisely where that money went. There are some clues. FIFA’s personnel ­expenses were $397…

Major drag, huh ?

“We’re not gonna make it, are we ? People, I mean.” “It is in your nature to destroy yourselves.” “Yeah. Major drag, huh ?”…

Goodbye to all that

“Funny how bonds were labelled “certificates of confiscation” back in the early 1980’s when yields were 14%. What should we call them now ?”…

I Am Blind

“Marketing is what you do when your product is no good.” –       Edwin Land.   Rosser Reeves was one of the most celebrated American…

Greater fool theory

“Mr Draghi announced this week that the ECB would not buy bonds yielding less than minus 0.2 percent..” –       Ralph Atkins for the Financial…