Recent Posts

Colombians vote on historic peace deal

  Bogota / AFP Colombians voted in a referendum on Sunday on whether to ratify a historic peace accord to end a 52-year war between the state and the communist FARC rebels. The accord will effectively end what is seen as the last major armed conflict in the Western Hemisphere. The war has killed hundreds of thousands of people and ...

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Trump’s BFF: Rosy Scenario

  Rosy Scenario is alive and well. There is a long and dubious tradition among politicians of projecting high — usually unrealistic — rates of economic growth as a way of avoiding unpopular political choices. We can do everything, because rapid growth and torrents of tax revenues will pay the bills. That’s Rosy’s message, and Donald Trump has eagerly embraced ...

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Bullish news from Wall Street’s bearish seers

Wall Street equity analysts sure are a gloomy lot these days. Based on the average estimate of forecasters surveyed by Bloomberg, they expect the Standard & Poor’s 500 Index to finish the year 1 percent lower than yesterday’s close. This is noteworthy because it’s so out of character. Most of the time — 82 percent during the past decade, to ...

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