Archive | July, 2012

All Eyes On The Fed

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 […]

Leave a comment Continue Reading →

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‚Äôs 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 […]

Leave a comment Continue Reading →