Tim Wu, a Columbia University law professor, has an intriguing opinion article in the Sunday New York Times about the link between big business and fascism. He makes the case that a lack of anti-trust enforcement has contributed to the rise of populism around the world. I don't know...
I have been a fan of Japan as an investment for quite a while now. Shinzo Abe's economic reforms are, for now, paying large dividends. There are questions of course about monetary policy as implemented by the inventors of Quantitative Easing, taking monetary policy where it has rarely been....
The headline says up 4.5% but that was almost entirely due to a surge in aircraft orders. Ex-transportation, orders were up just 0.1% and core capital goods were down after three straight up months. Read the rest at Econoday