Here Comes Credit

Guess who’s back? Over a year into our recovery, companies are now focused on delivering earnings. As a group, they’ve avoided spending, they’re sitting on huge piles of cash, and they’re working hard to build sales. The financial guys see that, and they want in. If cash is the blood of the economy, does that…

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Onshoring

U.S. producers consider bringing their work back home. Trade barriers, security risks, international tensions, and currency uncertainties make it tempting. Rising costs in emerging nations may make it necessary. As Americans brace themselves for high prices and higher taxes, is labor willing to take a pay cut to go back to work? Remember when companies…

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SEC vs. Goldman Sachs

Prediction: Under the law, Goldman wins. SEC has no case. For public consumption: They’ll call it a draw so the government can make a statement. Issue #1: Goldman sold securities, and somebody lost a billion dollars. Answer: That’s what happens every second in the world markets. Two sophisticated players wanted to put up big money,…

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