All Eyes on the Fed The Fed has both enemies and supporters in Congress. The behaviour of the US central bank will be under extra scrutiny by Congress during a Presidential election year. The ideal backdrop for the Fed would be to sit on the fence. The Fed does not, however, have that luxury: the […]
Archive | July, 2012
Testing Times For US Corporate Profits
US Corporate Profits at an Interesting Juncture Earlier this week, I alluded that the third successive mid-year global economic slowdown could be more serious than the prior two episodes.China’s predicament of slowing growth is a formidable addition to the headwinds that are already in place. The implications for US corporate profits could be meaningful if […]
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