‘Deeply elitist UK locks out diversity at top’– BBC News 08-28-14
Salient to Investors: The Social Mobility and Child Poverty Commission found: The UK is deeply elitist and small elites, educated at independent schools and Oxford/Cambridge still dominate top roles...
View ArticleU.K. Workers Get No Relief as Wage Squeeze to Extend Into 2015 – Bloomberg...
Salient to Investors: 74 percent of 34 analysts expect wage growth to begin to outpace inflation on a sustainable basis in Q2, 2015 or later. Rob Wood at Berenberg Bank said real wages will start to...
View ArticleAlmost Half of China’s Rich Want to Emigrate – BloombergBusinessWeek 09-15-14
Salient to Investors: Barclays said 47% of China’s wealthy are planning to move abroad within 5 years, versus 23% in Singapore, 16% in Hong Kong, 20% in Britain, 6% in America and 5% in India. 78%...
View ArticleIncome Inequality Significantly Hurts Economic Growth, OECD Says – Bloomberg...
Salient to Investors: The OECD said: Widening inequality creates a drag on economic growth that can be counteracted by tax policies to benefit the less well-off. Changes in wages and salaries have been...
View ArticleFareed Zakaria GPS – CNN 01-18-15
Salient to Investors: Fareed Zakaria said: The theory that “we fight them there so we don’t have to fight them here” is still wrong and would commit the US to a fool’s errand for decades. Cherif...
View ArticleIMF downgrades global growth forecast – BBC News 01-19-15
Salient to Investors: The IMF said: The global economy will grow 3.5% in 2015 and 3.7% in 2016. The boost from the sharp fall in oil prices will be more than offset by negative factors, including...
View ArticleFareed Zakaria GPS – CNN 05-24-15
Salient to Investors: Fareed Zakaria said: Britain, which created the world we live in, has become parochial and has essentially resigned as a global power: a tragedy for us all. The Royal United...
View ArticleWhen It Comes To Total Debt, Greece Is Not That Much Worse Than France (Or...
Salient to Investors: Tyler Durden writes: The IMF has admitted Greece has an unsustainable debt problem. French PM Hollande’s sole focus in the Greek crisis was to preserve near-term stability and his...
View ArticleThree economic crises, cutting rates and banning cash – The Economist 09-18-15
Salient to Investors: Andy Haldane at the Bank of England said: Inflationary reputation is hard-earned and easily lost central bank promises to re-anchoring the rate at some future point is damaging to...
View ArticleThe zero rate trap – The Economist 09-18-15
Salient to Investors: No Fed tightening was a sensible decision. The Fed is in a trap: low interest rates have raised global equity markets, whose collapse in August helped in preventing the Fed from...
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