Recent Posts

Asset managers are drowning!

It’s only when the tide goes out that you find out who’s been swimming in the nude, billionaire investor Warren Buffett famously opined. And as the bull market in global stocks starts to ebb, asset management companies will find themselves dangerously exposed — with medium-sized firms the most at risk of finding themselves naked and shivering on the beach. Investment ...

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Putting some intelligence into US military spending

A new report warns Congress that the US could struggle to win, or might even lose, a war against China or Russia, because America’s military has “failed to keep pace with changing security challenges.” Why? One reason, according to the bipartisan National Defense Strategy Commission, is that military planners have to deal with a budget that shifts unpredictably from one ...

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Beijing is confronting credit pain, and blinks

China’s falling stock market has prompted a flurry of activity to prop up prices. From delaying forced sales of pledged stock to turning on the credit engine again, authorities see the declines as emblematic of concerns over the economy. Investors have pulled about 3.2 trillion yuan ($460 billion) out of the market this year, according to net capital data from ...

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