Cowley: The illusion of material equivalence

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Cowley: The illusion of material equivalence

December 12th, 2011

We have lived on debt, debt and more debt. We have all been complicit, governments, banks, producers, retailers, consumers. Now we have to pay it back. My laptop finally came to the end of its useful life on Friday. We … Continued

Bond-flogging bank advisers peddle ‘free advice’ myth

November 16th, 2011

Daniel Grote writes in Citywire: Bank and building society advisers are persisting in peddling the myth that commission-based advice is ‘free’, and providing inappropriate advice in the vast majority of cases, an undercover investigation by consumer organisation Which? has found. … Continued

the problem with consensus

November 8th, 2011

The picture in the eurozone is miserable. As soon as one issue is addressed, another springs up to take its place – Greece finally gets its government on a surer footing, only for problems to arise in the Berlusconi administration … Continued

The euro -Act III

September 30th, 2011

Thanos Papasavvas, Investec Asset Management Strategist for Fixed Income & Currency, discusses his central case for the euro crisis, as well as the probability of less likely alternative scenarios for the months and years ahead. Our central case is one … Continued

the haven and haven-nots

September 21st, 2011

When is a safe haven not a safe haven? In normal times, money market funds could have expected to be a significant beneficiary of the dislocation in equity and bond markets. As it is, in July, the sector saw some … Continued

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