Is The CPP Proposal Doomed to Fail?
Don Pittis of the CBC reports, CPP plan won't help savers or stop the pension crisis: If as many suggest, the government's latest plan to expand the Canada Pension Plan is pure politics, perhaps the...
View ArticleThe Bigger Short?
Lawrence Delevingne of CNBC reports, This is the new 'big short':Billionaire investor Paul Singer says he has spotted the next big thing to bet against: bonds."Today, six and a half years after the...
View ArticleFor Whom The Bell Tolls?
The Prime Minister of Greece, Alexis Tsipras, wrote a comment for Le Monde newspaper, Europe at crossroads:On 25th of last January, the Greek people made a courageous decision. They dared to challenge...
View ArticleAre U.S. Stocks In A Bubble?
Julie Verhage of Bloomberg reports, Goldman Sachs Asked Two of the World's Best-Known Economists If U.S. Stocks Are in a Bubble: Even if the S&P 500 is only up about 2 percent year-to-date, it's...
View ArticleThe Canadian Retirement Dream?
Michael Babad of the Globe and Mail reports, Millions of Canadians risk losing ‘retirement of their dreams,’ study warns:The deputy chief economist at Canadian Imperial Bank of Commerce is making an...
View ArticleAmerica's Retirement Nightmare?
Tom Anderson of CNBC reports, Most older Americans fall short on retirement savings:How bad is America doing when it comes to retirement savings? The Government Accountability Office looked into the...
View ArticleThe Liquidity Time Bomb?
Nouriel Roubini, professor at NYU’s Stern School of Business and Chairman of Roubini Global Economics, wrote a comment for Project Syndicate, The Liquidity Time Bomb:A paradox has emerged in the...
View ArticleAgainst The Gods?
Last Thursday I attended an AIMA luncheon on sources of market volatility and asset class strategies to address them:The focus of the program is to hear views representing five key drivers of...
View ArticleCalPERS Chops External Managers by Half?
Timothy W. Martin of the Wall Street Journal reports, Calpers to Cut External Money Managers by Half:The largest U.S. public pension fund intends to sever ties with roughly half of the firms handling...
View ArticleCPPIB Bringing Good Things To Life?
David Berman and Bertrand Marotte of the Globe and Mail report, CPPIB lands $12-billion deal for GE lending arm:The Canada Pension Plan Investment Board has struck a $12-billion (U.S.) deal to acquire...
View ArticleNew Jersey's Pension War?
Megan Davies and Jonathan Stempel of Reuters report, New Jersey Governor Christie wins court victory over pension cuts:New Jersey's highest court on Tuesday ruled that Gov. Chris Christie can cut $1.6...
View ArticleA Greek Suicide?
Anatole Kaletsky, Chief Economist and Co-Chairman of Gavekal Dragonomics and Chairman of the Institute for New Economic Thinking, wrote another provocative comment in Project Syndicate, A Greek...
View ArticleWho Will Blink First?
Jan Strupczewski and Renee Maltezou of Reuters report, Greece and creditors fail in 'last attempt' to reach deal:Talks on ending a deadlock between Greece and its international creditors broke up in...
View ArticlePrivate Equity Stealing From Clients?
Gretchen Morgenson of the New York Times reports, When Private Equity Firms Give Retirees the Short End:Who comes first, the investors or the person who manages their money?That question is crucial for...
View ArticleThe Endgame For Greece And Europe?
Zack Guzman of CNBC reports, The trump card the ECB could use on Greece:Greece's economy is living on borrowed time—particularly if you believe the old adage that time is money.That's because Greek...
View ArticleGreece’s Pension Paradox?
Lefteris Papadimas and Angeliki Kountantou of Reuters report, Greece’s pension paradox: Many elderly are broke, despite government’s costly spending on system:The plight of 79-year-old Athenian Zina...
View ArticlePrepare For Graccident?
In its latest issue, The Economist put out a comment, My Big Fat Greek Divorce:It is never pleasant to watch a relationship founder. Greece’s prime minister, Alexis Tsipras, has charged its creditors...
View ArticleManaging A Greek Default?
Nikos ChrysolorasIan WishartMehul Srivastava of Bloomberg report,Tsipras Offers New Plan for Greece for Crunch EU Talks:Greek Prime Minister Alexis Tsipras presented a new plan to stave off default...
View ArticleLive And Let Die?
John Mauldin revisited the topic of U.S. public pensions in his latest comment: Live and Let Die:When you were young and your heart was an open bookYou used to say live and let live…But if this...
View ArticleNo Deal For Greece?
Catherine Boyle of CNBC reports, Greek crisis: Tsipras says 'no deal' with creditors:International creditors on Wednesday rejected the Greek government's plan to end its financial crisis, but they have...
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