European Crisis
October 13, 2011 by Andy Weiner
George Friedman, the President of Stratfor, a geopolitical consultancy based in Austin, TX describes the challenges facing a monetary and political solution for Europe as it grapples with managing the sovereign default issues of the southern countries. This article shows that the headwinds for the U.S. Economy are significant.
In addition, I’m enclosing a second article by Marco Papic, an analyst at Stratfor, describing the challenges of further political and economic integration in Europe. A great read.
Six Pac(k)in’
October 13, 2011 by Andy Weiner
We are in an era of wealth protection, not wealth growth. Enclosed is an article sent to us by one of our investors written by Bill Gross, President of Pimco, an investment management company based out of London. In the last paragraph of the article, Bill writes that he cannot foresee double digit investment returns for owners of financial assets over the short and medium term.
Hysteresis
October 13, 2010 by Andy Weiner
Hysteresis: An ugly word for an increasingly ugly economic situation
BPACPA’s Effects on Retail Chapter 11
June 10, 2010 by Andy Weiner
Customers Aren’t What They Used to Be
June 10, 2010 by Andy Weiner
How to handle the Sovereign Debt Explosion
March 15, 2010 by Andy Weiner
We are in the second or third inning of a great global de-leveraging. State and city finances are in a multi-year process of a painful readjustment of reducing expenditures with lower revenues. At the national level, the re-balancing of spending with receipts that has started in Greece will affect all countries, including the US, that are dramatically out of balance. Mohamed El-Erian, the chief executive of Pimco, an investment house based in London, is one of the world’s most astute observers of political economy. He identifies the issues and implications of global indebtedness. The US, among other countries, is in for a very painful period of difficult spending reductions and increases in taxes. We as a country will not be able to live without the consequences of overspending. A must read.